Microsoft to lay off thousands of employees: Report

July 03, 2017 23:33

Global tech giant Microsoft is planning to let go thousands of its employees associated with its sales arm the world over. The move is aimed at an organisational reshuffle so as to refocus on cloud software sales.

The reorganisation will include a merger between its enterprise customer unit and one or more of its SME focused divisions, a source said to TechCrunch.

Microsoft has refused to comment on the matter.

The announcement is likely to be made sometime this week, according to Bloomberg.

Many news organisations around the world had reported the scheduled lay-offs being done to enhance cloud-services related operations of Microsoft Corp on a global scale. The job cuts would be the most important in the sales arm in years and will also affect marketing operations on a local scale in many countries, a source told Bloomberg.

« Back to LIVE

TOP STORIES

LIVE! Why is ECI afraid?: Cong after election rule tweak

'Pushpa 2' stampede: CM lambast 'inhuman' Allu Arjun

Telangana Chief Minister A Revanth Reddy has criticized Telugu actor Allu Arjun for attending the screening of 'Pushpa-2' despite police permission being denied. Reddy alleges that the actor continued to be present at the cinema hall...

Amid Ambedkar row, AAP declares scholarship for Dalits

In the run-up to the assembly elections in Delhi, AAP supremo Arvind Kejriwal announced an Ambedkar scholarship for free foreign education of the city's Dalit students. The scholarship is a response to the BJP's "insult" of Ambedkar,...

TN temple refuses to return iPhone dropped in 'hundi'

As per the practises and tradition at the temples, any offerings made into the hundial directly goes into the account of the deity of that temple. Rules do not permit the administration to return the offerings back to the devotees, Babu...

ASI inspects 'Skanda Purana' well at Sambhal temple

On Friday, a four-member team of the ASI surveyed the recently-discovered Shri Kartik Mahadev temple, five pilgrimage sites and 19 'koops' (wells).