Microsoft to cut 18,000 jobs

Microsoft to cut 18,000 jobs

Microsoft says it will cut up to 18,000 jobs over the next year as it works on integrating the Nokia devices business it bought in April.

With the Nokia deal, Microsoft’s employee headcount rose from about 99,000 last year to 127,000 as of last month.

Updated 15.15

Microsoft said about 12,500 professional and factory jobs will be cut and it is likely more than 12,000 of the job cuts will be former Nokia staff.

It anticipates charges of $1.1bn (€813m) to $1.6bn (€1.18bn) over the next four quarters, which includes $750m (€553m) to $800m (€590m) for severance and related benefit costs.

Microsoft employs more than 1,200 full-time and 700 contract staff at its plant in Sandyford and Grangecastle, Dublin.

No announcement has been made on exactly where the cuts will be made.

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