Microsoft Set to Announce Huge New Round of Layoffs

TIME

D-day for many Microsoft employees could come soon, as the company is said to be readying a significant round of job cuts.

The layoffs are expected to include those working in Microsoft’s hardware group, according to people briefed on the plans in a report by The New York Times.

This follows an announcement last year that the company would be letting go of around 18,000 employees, a number that represents 18.18% of Microsoft’s overall workforce, and counts as one of the largest round of layoffs by any company.

Microsoft’s management have been preparing staff members of this news for some time. In late June, CEO Satya Nadella sent a company-wide email rallying employees around a revised mission statement: “To empower every person and every organization on the planet to achieve more,” according to Geekwire. However, he also warned of the coming times ahead, saying that Microsoft would need…

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