CNBC:
Microsoft announced a major reorganization on Wednesday that will include thousands of layoffs, largely in sales.
The job cuts amount to less than 10 percent of the company’s total sales force, and about 75 percent of them will be outside the U.S., the company said.
This is not nearly the same thing as the SoundCloud office-closing report.
Microsoft has more than 120,000 employees, and the layoffs are focused on the sales team. Microsoft knows how to make money. This is more of a refocus.
I feel bad when people lose there jobs. But Microsoft will no longer be the giant that it was in the passed. Ballmer made sure of that.
Seems like MS is still playing catchup to their peers and the solution for their current problems will be solved with a ‘marketing and sales’ approach. Should appease shareholders.
Wish MS would ‘realize’ this video they commissioned a few years ago.
Productivity Future Vision
Wall Street loves layoffs.
Apple is beating them in regular homes, Lunux is beating them in Server Licensing Fees and the only thing left are hard core gamers that make their own machines!
Still somehow managed to earn ~17B in the past year….