Bloomberg: Microsoft to slash jobs as early as this week

|About: Microsoft Corporation (MSFT)|By:, SA News Editor

Microsoft (NASDAQ:MSFT) is preparing for its next round of lay offs as it looks to scale back and streamline its Nokia Oyj's handset unit, Bloomberg reports.

The restructuring may end up being the largest in Microsoft history, exceeding the 5,800 jobs cuts in 2009.

The company added around 30k jobs after it acquired Nokia’s mobile device business, and it will announce the reductions centered around its Nokia unit and marketing and engineering divisions that overlap with the business.