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Microsoft to axe 18k jobs globally

 28 July 2014
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 In the first major realignment of workforce since India-born Satya Nadella took over as CEO, Microsoft has announced slashing of up to 18,000 jobs worldwide by next year as the software giant attempts to sharpen focus on cloud and mobile offerings.

The move, however, will have "minimal" impact in India, which is an important geography for the US-based giant.

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