Microsoft Slashes 2100 Jobs, In Line With New CEO Plans

Microsoft announced it will close the Microsoft Research Lab, its Silicon Valley research and development operation, as it plans to lay off 2,100 workers. This is another step in new CEO Satya Nadella’s goal of trimming 18,000 jobs, or about 14% of its total workforce. The 2,100 job cuts at the company's campus in Mountain View, California was announced Thursday and will affect the handset unit of Nokia that Microsoft acquired earlier this year. In July, the tech company laid off 13,000 employees. If Nadella wants to meet his goal, that means we can expect to see a third round of 2,900 more layoffs at Microsoft in the next nine months.