Microsoft announces massive round of layoffs, including 12,500 Nokia employees

July 17, 2014

As expected, Microsoft on Thursday announced a huge round of layoffs that will see roughly 18,000 employees lose their jobs. Of these layoffs, 12,500 will come from Microsoft's Nokia devices division, representing yet another major blow to the one-time mobile phone giant. In his announcement of the layoffs, Microsoft CEO Satya Nadella said that they were necessary as part of "starting to evolve our organization and culture."

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