Microsoft’s Largest-Ever Layoffs Coming Thursday With Former Nokia Hardest Hit | Re/code

A difficult day for Redmond (and Helsinki)

"Microsoft is preparing to announce its largest-ever layoffs on Thursday, with cuts coming from across the company, but with the former Nokia business being hardest hit, sources say.

The announcement is expected before the financial markets open on Thursday morning.

Numerically, the layoffs are expected to be the company’s biggest-ever job reduction, surpassing the 5,800 or so workers cut during the 2009 downturn, sources said. However, the layoffs to be announced Thursday are a combination of a strategic shift alluded to in last week’s memo by CEO Satya Nadella as well as delivering on the already promised $600 million in cost savings that the previous management had promised would come from the Nokia acquisition."

Microsoft’s Largest-Ever Layoffs Coming Thursday With Former Nokia Hardest Hit | Re/code