Microsoft set to axe 18,000 jobs

Microsoft has announced the largest job cuts in the 39 years since it was founded. The company will streamline itself by cutting 18,000 jobs.

The computing giant employs a reported 127,000 people worldwide, but now wants to remove layers of management so that the company can become “leaner”.

The majority of jobs are thought to be cut from the Nokia branch of the company, which Microsoft bought early this year for $7.2bn.

Satya Nadella, who was promoted to CEO of Microsoft in February, said: “My promise to you is that we will go through this process in the most thoughtful and transparent way possible” in an open letter.

The first 13,000 staff to lose their jobs will receive redundancy notifications in the next six months, although Nadella apparently promised that they will all receive severance pay and some of them will also get help such as job placement services.

In addition, it was announced that the company will be altering the handset section of its company, cutting the development of Nokia smart phones that run Android, in a push to get more Windows phones onto the market.

There will still be support for the Android phones that have already been released.

Microsoft have often been criticised for not getting into the mobile market as quick as Google and Apple, but they seem to be planning to expand this section now that they have all the assets of Nokia at their disposal.