Microsoft plans to cut up to 18,000 jobs by the middle of next year, as part of "a restructuring plan to simplify its organization and align the recently acquired Nokia Devices and Services business with the company’s overall strategy," the company said in a statement today.
Of that total "about 12,500 professional and factory positions will be eliminated through synergies and strategic alignment of the Nokia Devices and Services business acquired by Microsoft on April 25," with the restructuring plan to be "substantially complete" by Dec.
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