Microsoft is eliminating 18,000 jobs over the next year, including about 12,500 associated with the Nokia Devices and Services team it acquired earlier this year, company officials announced on July 17.
Microsoft also announced today that the company will incur pre-tax charges of $1.1 billion to $1.6 billion for severance and related benefits costs and asset related charges over the next four quarters.
The cuts will begin with a first wave of 13,000, with the vast majority of employees whose jobs will be eliminated being notified over the next six months, according to a memo from CEO Satya Nadella.
Those Nokia jobs that are being eliminated will include both professionals and factory workers.
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