Microsoft to slash 18,000 jobs in the next year:
"Nokia division expected to account for the bulk of the job cuts, which are the largest in the company’s history.
Microsoft is slashing 18,000 jobs over the next year, trimming its workforce by roughly 14%, a substantial move to cut jobs as the software giant faces great pressure in a world that lives by mobile devices rather than the PCs where the software giant has traditionally dominated."
Microsoft lays off 18,000, including half of Nokia, in largest-ever job cuts | PCWorld
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