(The Hosting News) – Microsoft laid off 2,100 employees yesterday as part of its restructuring plans to cut 14% of its worldwide workforce over the next year as its new CEO strives to remake the company.
A spokesman for the company confirmed the announcement, stating that 747 of the cuts will come from Washington State, while the remaining cuts from various Microsoft locations worldwide, Business Insider reports.
The tech giant first wave of job cuts occurred in July, with 13,000 jobs elicited, mostly from the newly acquired Nokia division, though all departments were affected including sales, marketing, engineering, and factory workers.
Due to the massive eliminations, Microsoft stated that it will incur “pre-tax charges of $1.1 billion to $1.6 billion over the next four quarters, including $750 million to $800 million for severance and related benefit costs, and $350 million to $800 million of assets-related charges.”
Microsoft plans to complete these job layoff plans by July 2015.