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 | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. |