Microsoft announces biggest-ever job cut, to lay off up to 18,000

seven wrote:And I thought you can never lose your job if you're working for Fortune 500 companies. In fact I thought that's the definition of Fortune 500, companies that never fires it's employees.
I wonder where I got that idea from :-?

Seva Lamberdar wrote:NEW DELHI: Microsoft has announced its biggest job cut ever, reducing the size of its overall workforce by up to 18,000 jobs by 2015.

Of the total layoffs, about 12,500 Nokia Devices and Services employees would be given pink slips. These employees would comprise of both professional and factory workers.

In a letter to Microsoft employees, CEO Satya Nadella said the cuts are part of the company's efforts to realign its workforce and move towards being a productivity and platform company.

He said that the company is moving now to start reducing the first 13,000 positions, and that "the vast majority of employees whose jobs will be eliminated, will be notified over the next six months."

Nadella assured that the layoffs will be carried out in a thoughtful and transparent way.

He also informed employees that Microsoft will offer severance to all employees impacted by these changes, as well as job transition assistance in a large number of locations.  ......


http://timesofindia.indiatimes.com/tech/tech-news/Microsoft-announces-biggest-ever-job-cut-to-lay-off-up-to-18000/articleshow/38553064.cms

>>> How about that -- Indians were so happy when he became the company's CEO?

Propagandhi711 wrote:

Seva Lamberdar wrote:NEW DELHI: Microsoft has announced its biggest job cut ever, reducing the size of its overall workforce by up to 18,000 jobs by 2015.

Of the total layoffs, about 12,500 Nokia Devices and Services employees would be given pink slips. These employees would comprise of both professional and factory workers.

In a letter to Microsoft employees, CEO Satya Nadella said the cuts are part of the company's efforts to realign its workforce and move towards being a productivity and platform company.


http://timesofindia.indiatimes.com/tech/tech-news/Microsoft-announces-biggest-ever-job-cut-to-lay-off-up-to-18000/articleshow/38553064.cms

>>> How about that -- Indians were so happy when he became the company's CEO?

I guess you were really unhappy abt him taking the reins and now feel vindicated?

Marathadi-Saamiyaar wrote:

Propagandhi711 wrote:

Seva Lamberdar wrote:NEW DELHI: Microsoft has announced its biggest job cut ever, reducing the size of its overall workforce by up to 18,000 jobs by 2015.

Of the total layoffs, about 12,500 Nokia Devices and Services employees would be given pink slips. These employees would comprise of both professional and factory workers.

In a letter to Microsoft employees, CEO Satya Nadella said the cuts are part of the company's efforts to realign its workforce and move towards being a productivity and platform company.


http://timesofindia.indiatimes.com/tech/tech-news/Microsoft-announces-biggest-ever-job-cut-to-lay-off-up-to-18000/articleshow/38553064.cms

>>> How about that -- Indians were so happy when he became the company's CEO?

I guess you were really unhappy abt him taking the reins and now feel vindicated?

Yeah...greatttt... I love it ...love it already... I have a (great suggestion) to Satya Bhai:

Target and layoff anyone with degrees from IIT, IIM, and Ivy Leagues.....

seven wrote:And I thought you can never lose your job if you're working for Fortune 500 companies. In fact I thought that's the definition of Fortune 500, companies that never fires it's employees.
I wonder where I got that idea from :-?

Kris wrote:

seven wrote:And I thought you can never lose your job if you're working for Fortune 500 companies. In fact I thought that's the definition of Fortune 500, companies that never fires it's employees.
I wonder where I got that idea from :-?

>>>good question.

seven wrote:

Kris wrote:

seven wrote:And I thought you can never lose your job if you're working for Fortune 500 companies. In fact I thought that's the definition of Fortune 500, companies that never fires it's employees.
I wonder where I got that idea from :-?

>>>good question.

So if isn't for the job security, why do people want to work for Fortune 500 companies?

Propagandhi711 wrote:

Marathadi-Saamiyaar wrote:

Yeah...greatttt... I love it ...love it already... I have a (great suggestion) to Satya Bhai:

Target and layoff anyone with degrees from IIT, IIM, and Ivy Leagues.....

do you think corporations target folks for layoffs based on their education pedigree? the great uppili war on those richer, more successful and better educated than him continues

seven wrote:And I thought you can never lose your job if you're working for Fortune 500 companies. In fact I thought that's the definition of Fortune 500, companies that never fires it's employees.
I wonder where I got that idea from :-?