Microsoft reportedly plans to cut 1,000 jobs in FinlandJuly 16, 2014 - 16:23 AMT PanARMENIAN.Net - Microsoft Corp is planning to cut 1,000 jobs in Finland from its mobile phone unit, a Finnish daily reported, according to Reuters. Some 25,000 Nokia workers moved this spring to Microsoft with the cellphone unit acquisition, 4,700 of them in Finland. Globally, Microsoft now has 127,000 employees, far more than rivals Apple and Google. Wall Street is expecting Chief Executive Satya Nadella to make some cuts, which would represent Microsoft's first major layoffs since 2009. News agency Bloomberg said on Monday that total job cuts could be the biggest in Microsoft history, topping the 5,800 jobs lost in 2009. Quoting anonymous sources, Finnish daily Helsingin Sanomat said on Wednesday, July 16, Microsoft planned to close former Nokia research and development unit in Oulu, northern Finland. The Oulu unit employs 500 people, mainly working on software used in basic cellphones. The other half of the cuts would come from other locations in Finland. Finland is struggling with a severe economic recession. Its economy has already contracted for two years in a row and some analysts expect this year to make it three. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |