/ 

PASSWORD RESET


REGISTER



Technology news site

Microsoft To Cut About 3,000 Jobs Mostly From Outside The United States

Share

Over 3000 individuals are on the road map to join the already existing band wagon of the unemployed as Microsoft has announced that it would relief some workers of their duties. Contrary to the last mass elimination of  18000 workers, which happened as a result of an alleged fiasco in 2014, following its $7.2b acquisition of Nokia’s mobile phones, Microsoft claims  in this recent decision, to be undergoing a major reorganization. It affirmed this in a statement to CNN:

“ Like all companies, we evaluate our business on a regular basis. This can result in increased investment in some places and from time to time, redeployment in others.”

It stated further that some of the employees have been notified of the intending job loss while some others will be considered to be offered other jobs within the establishment.

Following the last mass sack in 2014 after it purchased Nokia which turned out to be a bad deal for the tech giant, the CEO, Satya Nadella has continued the move to push the tech firm into a lucrative world of business. In May, Microsoft experienced an increase in stock shares. Its shares soared to nearly 13% and at the time of that record, the tech giant was worth $540b as against $450b; (its worth in 2009 under the control of Steve Ballmer, before the emergence of Nadella as CEO).

Satya Nadella has done well with Microsoft in terms of boosting investors and customers. Even though, its Nokia purchase wasn’t a complete success, Nadella has made a big net on social networking with LinkedIn purchase. LinkedIn reportedly contributed nearly $Ib in revenue in the first quarter of the year.

The tech giant isn’t left out in hard ware invention. The Surface Pro and Surface Laptops have good reviews. It invested also in the company’s Xbox  game pass (a subscription for video games, similar to Netflix.

Microsoft isn’t left out in the lucrative world of cloud computing. Just recently, the tech giant unveiled its decision to focus keenly on cloud sales. CNN reports that its cloud business has done well. In fact, “revenue from Azure, its cloud computing platform soured 93% in its first quarter”. The tech giant has heavily invested in cloud services to reposition itself in rivalling great businesses like Amazon, Google, Oracle and IBM in the fast growing business of cloud computing.

It’s only worrisome that the affected workers seem to be individuals who live outside the USA, where there are no laws to protect employee rights…

HTML Snippets Powered By : XYZScripts.com