PLEDGE NOW
Here and Now with Robin Young and Jeremy Hobson
Public radio's live
midday news program
With sponsorship from
Mathworks - Accelerating the pace of engineering and science
Accelerating the pace
of engineering and science
Thursday, July 17, 2014

Microsoft To Cut Up To 18,000 Jobs

Microsoft CEO Satya Nadella delivers a keynote address during the 2014 Microsoft Build developer conference on April 2, 2014 in San Francisco, California. (Justin Sullivan/Getty Images)

Microsoft CEO Satya Nadella delivers a keynote address during the 2014 Microsoft Build developer conference on April 2, 2014 in San Francisco, California. (Justin Sullivan/Getty Images)

Microsoft says it will eliminate up to 18,000 jobs over the next year as it works on integrating the Nokia devices business it bought in April.

With the Nokia deal, Microsoft’s employee headcount rose from about 99,000 last year to 127,000 as of last month.

Microsoft Corp. said Thursday that of the up to 18,000 jobs, about 12,500 professional and factory jobs will be cut. It anticipates charges of $1.1 billion to $1.6 billion over the next four quarters, which includes $750 million to $800 million for severance and related benefit costs.

Microsoft’s stock rose slightly in Thursday premarket trading.

Guest


Please follow our community rules when engaging in comment discussion on this site.
Robin and Jeremy

Robin Young and Jeremy Hobson host Here & Now, a live two-hour production of NPR and WBUR Boston.

May 26 5 Comments

As Lethal Heroin Overdose Numbers Rise, Families Find Solace In Organ Donation

Organ banks around the country have noted an increasing number of organs from donors who have died of overdoses.

May 26 3 Comments

NEADS Assistance Dog Bailey Graduates From Service Dog Training

NEADS provides dogs like Bailey, a yellow Labrador, for deaf and disabled Americans.

May 25 Comment

Celebrating The Class Of 2016: Peace Odiase

Odiase is one of two valedictorians at Fisk University, a historically black college in Nashville, Tennessee.

May 25 8 Comments

NEADS Service Dog Meets His Match

Here & Now has been tracking service dog Bailey, who recently met his new owner, since last year.