According to a Bloomberg report, Microsoft is preparing to undergo a significant staff reduction, potentially shedding as much as five percent of its employees around the world.
Citing "people with knowledge of the company's plans," Bloomberg elaborates that the cuts—which could exceed 5,800 people—will be made public potentially some time this week and will focus on areas of the company that were acquired from Nokia, as well as some marketing and engineering groups. The report specifically notes that some of the cuts "will be in marketing departments for businesses such as the global Xbox team."
Microsoft's current headcount is just north of 127,000, counting the 30,000 employees added during the acquisition of Nokia's handset division earlier this year.
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