Quincy, IL News - Journal930.com
Quincy, IL News - Journal930.com
Thursday, Sep 3, 2015

Microsoft to cut up to 18,000 jobs

1 year, 1 month ago from Chicago Tribune

Illinois will suffer some of those cuts

From from Chicago Tribune:

Microsoft Corp. said on Thursday it would cut up to 18,000 jobs, or about 14 percent of its workforce, as it halves the size of its recent Nokia acquisition and trims down other operations.

The company said it would take a pre-tax charge of $1.1 billion to $1.6 billion for the costs of the layoffs during the next four quarters.

The restructuring is the biggest in Microsoft history, topping the 5,800 jobs cut in 2009.

The company has Midwest division operations in Chicago, Downers Grove and Bloomington.

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