Looks like about 15% of their employees, although 10% will be former Nokia folks.
This has to be part of a multi-year effort to reformat the company. I would expect that there are going to be soft costs that have multi-year impacts. People left behind having to take on more work without necessarily any incentive.
With numbers this high, there will be some degree of randomness in the people selected for the layoff. This will have long-term impacts on morale.
Microsoft has a ton of cash, right? Wouldn't it be smart for them to, once the layoffs are over, incent people to perform in the "new culture"? Give their key people more $, more responsibility, etc.?
This has to be part of a multi-year effort to reformat the company. I would expect that there are going to be soft costs that have multi-year impacts. People left behind having to take on more work without necessarily any incentive.
With numbers this high, there will be some degree of randomness in the people selected for the layoff. This will have long-term impacts on morale.
Microsoft has a ton of cash, right? Wouldn't it be smart for them to, once the layoffs are over, incent people to perform in the "new culture"? Give their key people more $, more responsibility, etc.?