Microsoft completed its $7.2 billion acquisition of the Nokia Devices and Services Division, taking in almost 25,000 employees across the globe. As with every other merger, there’s a high chance of layoffs since the companies don’t want redundant positions. There have been rumors circulating all over the internet that Microsoft may axe over 10,000 employees in the coming week. Well, it turns out its way more than that. Recently, Satya Nadella sent out an email to the employees, notifying there will be over 18,000 job cuts in the next year.
“The first step to building the right organization for our ambitions is to realign our workforce. With this in mind, we will begin to reduce the size of our overall workforce by up to 18,000 jobs in the next year,” Nadella said in an email to employees. “Of that total, our work toward synergies and strategic alignment on Nokia Devices and Services is expected to account for about 12,500 jobs, comprising both professional and factory workers. We are moving now to start reducing the first 13,000 positions, and the vast majority of employees whose jobs will be eliminated will be notified over the next six months.”
Out of those 18,000, the greatest burden is on those who are coming from Nokia. It says that 12,500 Nokia employees will be let go, comprising both professional and factory workers. The first 13,000 positions and employees facing the axe will be notified over the next six months.
This will be a sad day for those who are among the 18,000 employees, but Nadella said employees will receive help with job transition in many locations. “We will offer severance to all employees impacted by these changes, as well as job transition help in many locations, and everyone can expect to be treated with the respect they deserve for their contributions to this company,” Nadella said.