Microsoft Corporation (MSFT) To Announce Big Job Cuts

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Microsoft Corporation (NASDAQ:MSFT) is about to announce its biggest job cut in five years. Microsoft Corporation (NASDAQ:MSFT) CEO, Satya Nadella, already hinted this in his long memo which was emailed to Microsoft employees recently. The job cuts will be from Nokia handset business, as well as marketing and engineering divisions. Some of the marketing job losses are expected to hit Microsoft’s European Xbox team based in Reading. Discussing this major decision by Microsoft Corporation (NASDAQ:MSFT) in a program, Bloomberg’s Anurag Rana said that this job cut is a part of Nadella’s new strategy to move on and make Microsoft a new domain-oriented entity in the industry.

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“The new CEO is embarking on a new mission to change Microsoft Corporation (NASDAQ:MSFT) into a Cloud first, mobile first company and with that, you know, will come certain changes like it or not and that would be, you know, some job reductions in certain areas,” Rana said.

Another expert said that the new CEO of Microsoft Corporation (NASDAQ:MSFT) is taking some revolutionary steps to mark his stamp on the company’s overall strategy and vision. He said that this lay off decision will shake the employee-leadership relationship in the company. He said that the major areas of Microsoft Corporation (NASDAQ:MSFT) sales and revenue are Windows OS and Office and Microsoft is largely focusing on its core revenue giving products along with some endeavors in AI domain and mobiles.

Experts said that if the new CEO succeeds in giving the company something new and innovative apart from its core products, this will be a huge breakthrough for the Microsoft Corporation (NASDAQ:MSFT).

“If you were to look at the way this company has been for the last several years, it has been a leader in either PCs, or operating system for servers and the whole word is moving towards Cloud, and towards more enterprise mobile devices, so the question is going to be where are they going to invest,” said Rana.

Disclosure: None

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