“Microsoft plans to announce a major new round of layoffs as early as Wednesday, as the company seeks to further cut costs in a shifting technology landscape,” Nick Wingfield reports for The New York Times.
“The layoffs are in addition to the about 18,000 employees that Microsoft said it planned to let go a year ago, according to people briefed on the plans, who asked for anonymity because the details were confidential,” Wingfield reports. “The new job cuts are expected to affect people in Microsoft’s hardware group, among other parts of the company, including the struggling smartphone business… At the end of March, Microsoft had more than 118,000 employees globally.”
“Microsoft is not expected to leave the smartphone business in the near term, given the importance of mobile devices in the technology business,” Wingfield reports. “Still, analysts have said Microsoft may soon acknowledge missteps in the smartphone business with a large write-down of the value of its Nokia acquisition. The announcement of that accounting charge, which could amount to several billion dollars, is expected by many to occur before Microsoft reports earnings this month.”
Read more in the full article here.
MacDailyNews Take: This is what failure looks like.
For miring the world in a long Dark Age of Personal Computing, we have negligible sympathy. Still, good luck to those affected non-executive level employees. May you quickly find employment with a competent tech firm that doesn’t litter the world with crap that frustrates the living hell out of hapless users. To the executives responsible for this abject failure, beaten senseless by Steve Jobs and Co., go work at a floor wax company or something where you can’t cause so much damage.
May an outfit as horrid as Microsoft NEVER come to dominate the hoi polloi’s computing experiences EVER AGAIN! May a cloistered group of clueless IT Doofuses NEVER have the power to hamper worldwide productivity by forcing such frustrating garbage on workers EVER AGAIN!
♫ Ding Dong! The Witch is dead.
Which old Witch? The Wicked Witch!
Ding Dong! The Wicked Witch is dead… ♫
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Beleaguered Microsoft axes another 2,100 employees – September 18, 2014
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