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Microsoft slashes 3000 jobs

by on30 October 2014

Part of its decimation

Software giant Microsoft has cut 3,000 jobs and finished its plan to more than decimate a 14 per cent of its workforce or 18,000 people.

The majority of the 18,000 job cuts were in the phone handset business Microsoft acquired from Nokia earlier this year.

Microsoft said that the last 3,000 reductions happening today are spread across many different business units and many different countries.

More than 637 of Wednesday's cuts were in Redmond.

Microsoft, the world's largest software company, will have about 110,000 employees once the job reductions are completed. It took a charge of $1.1 billion in its latest quarterly earnings report for the restructuring and integration of the Nokia phone operation and associated job cuts.

 

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