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Microsoft to announce job cuts

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Tuesday, July 15, 2014

Bloomberg: The software maker is planning its biggest round of job cuts in five years.

Microsoft Corp. looks to slim down and integrate Nokia Oyj’s handset unit, people with knowledge of the company’s plans said.

Chief Executive Officer Satya Nadella said in an interview last week that he has preparing to make sweeping changes at Microsoft. The reductions will probably be in engineering, marketing and areas of overlap with Nokia, said the people, who asked not to be identified because the plans aren’t public.

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