Microsoft cuts 18,000 jobs – or everyone at Facebook, Twitter, Netflix and LinkedIn
Microsoft is slashing 18,000 jobs, let's put that number into perspective
Microsoft has announced massive job cuts, with around 18,000 people facing the axe. The larger than expected cuts amount to 14 per cent of its total workforce, with Microsoft slashing jobs after its acquisition of Nokia’s phone business. Microsoft wants to become a “leaner” company with CEO Satya Nadella claiming it is essential to be “more agile and move faster”. In an email to emloyees he said that having “synthesized our strategic direction” it was now important to slash thousands of jobs.
Following its acquisition of Nokia earlier this year Microsoft’s headcount totalled 127,000, with analysts seeing the company as bloated with middle management but the cuts were still more than double what was expected.
But how many people is 18,000? Let’s put it into perspective.