Microsoft to cut 18,000 jobs over the next year :(
Software giant Microsoft plans to lay off up to 18,000 workers around the world over the next year, mostly related to the company’s purchase of handset maker Nokia last year.
Not surprising, given the redundancy after merging the 25k people from Nokia, but still pretty sucky. On the upside, there’ll be a lot of smart and talented people looking to make their own cool stuff.