Microsoft layoffs part deux: Coming soon

Gigaom

Remember those layoffs Microsoft promised back in July? The next batch is due soon, tomorrow in fact, according to a company source, confirming what ZDNet already reported.

News that the software giant needed to slim down big time first broke in late June. The actual announcement — plans to cut 18,000 people or about 15 percent of total headcount — came on July 17. About 12,500 of the jobs were axed almost immediately. Now, it looks like the next tranche happens Thursday. Microsoft CEO Satya Nadella had promised to get the cuts done by the end of the year.

To recap: these are big cuts by [company]Microsoft[/company] standards but in the wake of its $7.2 billion acquisition of [company]Nokia[/company] and Nokia’s 25,000 employees, it needed doing. Back in July, Microsoft said it would take a pre-tax charge of $1.1 billion to $1.6 billion over the next four quarters, including $750 million to $800 million to cover severance…

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