Microsoft today announced that it's cutting 18,000 job, the biggest round of job cuts in its history, as part of its ongoing restructuring efforts. In a release, the company says that Nokia's Devices and Services business, which it acquired for $5 billion earlier this year, will be the most affected, with 12,500 "professional and factory positions" expected to go by the end of the year. In an email to employees, Microsoft CEO Satya Nadella explains that the companies new strategy is designed to make it "more agile" moving forward, allowing different teams within its structure to work more freely from each other. Commenting specifically on Nokia, Nadella hints that Microsoft will end development of Android-powered X smartphones, moving those products designs over to the Lumia portfolio so that they can run Windows.
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Filed under: Microsoft
Source: Microsoft
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