Microsoft says it will eliminate up to 18,000 jobs over the next year as it works on integrating the Nokia devices business it bought in April.
The report, which cites people with knowledge of company plans, indicated that the job cuts could come as early as this week
After compiling a list of more than 100 CEO candidates, Microsoft settled on Satya Nadella a home-grown leader who joined the software maker in the early 1990s.
Microsoft has named Satya Nadella, an executive in charge of the company’s small, but growing business of delivering software and services over the Internet its new CEO. Company founder Bill Gates is also leaving the chairman role for a new role as technology adviser.
Cloud and enterprise president Satya Nadella has emerged as the front-runner.