Twin Falls - 75.0 F (23.9 C)
  • Wednesday

    High: 90º Low: 61º

  • Thursday

    High: 82º Low: 57º

  • Friday

    High; 76º Low: 53º

Microsoft To Cut 18,000 Jobs

Tools

By KMVT News

(CNN) - Microsoft announced the largest layoff in its history Thursday.
CEO Satya Nadella says a total of 18,000 jobs will be cut within the next year.

That's about 14-percent of its 125,000 employees.

Nadella who took over for Steve Ballmer in February said Microsoft is in need of a "culture change."

Most of those affected will come from Nokia's devices and services business -- which Microsoft recently bought.


Subscribe to our Newsletters

KMVT Breaking News Alerts

Morning & Afternoon News Updates