MicroSHIT Tak Boleh Tahan - More Jobs Cut - better close shop

[antibastard]

http://businesstoday.intoday.in/story/microsoft-plans-major-job-cuts/1/221443.html


Microsoft is planning new round of job cuts, says NYT report
Zara Mascarenhas Bengaluru Last Updated: July 8, 2015 | 14:00 IST
Microsoft plans major job cuts
Photo: Reuters

Microsoft Corp plans to announce a new round of layoffs as early as Wednesday to cut costs further, the New York Times reported.

The latest job cuts are in addition to the 18,000 jobs that Microsoft said it planned to cut a year ago, the newspaper said, citing sources familiar with the matter.

The layoffs are expected to affect employees at the company's hardware group, including the smartphone business that it acquired from Nokia last year, the newspaper said.

Reuters could not immediately reach Microsoft for comment outside regular US business hours.

Last July, Microsoft kicked off one of the largest layoffs in tech history, saying it would slash up to 18,000 jobs, or 14 per cent of its workforce, as it tries to become a cloud-computing and mobile-friendly software company.

In June, Microsoft said Stephen Elop, the former top boss at phone-maker Nokia, and three other high-level executives were leaving the company.

Microsoft is set to launch Windows 10 on July 29, the first operating system designed to run across PCs, tablets and phones.

(Reuters)

 

[laksaboy]

The funny thing is that Microsoft is betting on Windows 10 to save its own skin.

According to the Windows 10 beta testers, if you are too critical of Windows 10 your threads get deleted on the Microsoft forums, even if they contain legitimate points.


Something for you all to read:


We tried using Windows 10 for real work and ... oh, the HORRORS
http://www.theregister.co.uk/2015/07/07/windows_10_for_windows_8_and_7_users/

Microsoft just Palmed itself out of the mobile market
https://semiaccurate.com/2015/05/04/microsoft-just-palmed-mobile-market/

 

[antibastard]

https://fortune.com/2015/07/08/microsoft-layoffs/



Microsoft cuts another 7,800 jobs, takes $7.6 billion "impairment charge"

by* Barb Darrow @gigabarb JULY 8, 2015, 9:08 AM EDT
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Satya Nadella, chief executive officer of Microsoft Corp., pauses while speaking during a keynote session at the Microsoft Developers Build Conference in San Francisco, California, U.S., on Wednesday, April 29, 2015. Microsoft Corp. and Adobe Systems Inc. are making it easier for their customers to share data, as they and other software makers expand their product offerings to include marketing tools and technologies. Photographer: David Paul Morris/Bloomberg via Getty Images
Photograph by David Paul Morris – Getty Images
The company is cutting up to 7,800 positions primarily in the phone business and will record an impairment charge of about $7.6 billion related to Nokia.

Here we go again: The Microsoft layoffs (fiscal 2016 edition) are here, and they are significant. The company MSFT -0.14% plans to cut up to 7,800 positions primarily in its phone business and will record an impairment charge of about $7.6 billion related to acquisition of the Nokia devices and services business. That comes in addition to a restructuring charge of between $750 million and $850 million.

Not so long ago, Microsoft CEO Satya Nadella warned of tough choices ahead. The fact that most of the cuts come from the company’s phone business is not a surprise. In a recent reorganization, the company’s phone business was merged into the overall Windows-and-devices group led by Terry Myerson. Phone chief Stephen Elop left the company.

From the company statement:

Based on the new plans, the future prospects for the Phone Hardware segment are below original expectations. Accordingly, the company concluded that an impairment adjustment of its Phone Hardware segment assets and goodwill of approximately $7.6 billion is required.
The restructuring costs will cover the costs of layoffs; the impairment charge has to do with how the company accounts for the worth of Nokia from an accounting perspective and does not mean that Microsoft will lose $7.6 million from its balance sheet, a spokesman said. Basically, the future performance of Nokia is not what Microsoft anticipated, which in turn led restructuring and sales of some parts of that business. More details will be forthcoming in Microsoft’s 10K filing on July 21.

The spokesman added that the cuts are all about focusing the company on core businesses, which is why it just sold some of its mapping business and ad sales business to AOL. “We want to concentrate on where we can add value,” he told Fortune.

The news comes about one year after Microsoft launched its largest-ever layoffs: 18,000. Microsoft’s last published headcount number from June of last year was 128,000; the pre-layoff count this spring was likely around 118,000.

Subscribe to Data Sheet, Fortune’s daily newsletter on the business of technology.

 

[winnipegjets]

http://businesstoday.intoday.in/story/microsoft-plans-major-job-cuts/1/221443.html


Microsoft is planning new round of job cuts, says NYT report
Zara Mascarenhas Bengaluru Last Updated: July 8, 2015 | 14:00 IST
Microsoft plans major job cuts
Photo: Reuters

Microsoft Corp plans to announce a new round of layoffs as early as Wednesday to cut costs further, the New York Times reported.

The latest job cuts are in addition to the 18,000 jobs that Microsoft said it planned to cut a year ago, the newspaper said, citing sources familiar with the matter.

The layoffs are expected to affect employees at the company's hardware group, including the smartphone business that it acquired from Nokia last year, the newspaper said.

Reuters could not immediately reach Microsoft for comment outside regular US business hours.

Last July, Microsoft kicked off one of the largest layoffs in tech history, saying it would slash up to 18,000 jobs, or 14 per cent of its workforce, as it tries to become a cloud-computing and mobile-friendly software company.

In June, Microsoft said Stephen Elop, the former top boss at phone-maker Nokia, and three other high-level executives were leaving the company.

Microsoft is set to launch Windows 10 on July 29, the first operating system designed to run across PCs, tablets and phones.

(Reuters)

You will have more security investing in MSFT than in CPF.

 

[HTOLAS]

I thought Jobs died.

 

[eatshitndie]

there will be less ah neh restaurants in redmond and bellevue.

 

[greedy and cunning]

proof that Billy gate boy has neither talent nor smart in software.

definitely one of the luckiest person on earth.