Microsoft"s employee trouble, it seems, won"t be ending anytime soon. After being sued for PTSD by former employees, the Redmond-based company is gearing up for another round of layoffs.
According to the sources, the HR department of the company has reserved several conference halls on the campus where about 700 employees will be let go. However, this number is only a small part of worldwide layoffs for the company, which will account for a total of 2,850 job cuts planned in Q4 of 2016.
The company has a workforce of about 120,000 employees across the globe. This number received a major boost in June last year when it acquired LinkedIn for a whopping $26.2 billion, which brought with it 5,500 people to its parent company. This shake-up, however, won"t affect LinkedIn.
Microsoft has had quite a few job cuts in recent years, most recent being Skype"s London office which was shut down late last year resulting in almost 400 jobs being terminated. They have mostly been part of its "Phone Hardware Restructuring" plan, which includes the latest round of layoffs, targeting both its phone operations and its worldwide sales team.
Source: Petri