Reports: Microsoft plans major job cuts

Microsoft Corp. is planning major job cuts in the months ahead, according to a Bloomberg report, the company’s largest in five years.

Bloomberg said the goal reflects part of Chief Executive Officer Satya Nadelia’s plans to slim down and integrate Nokia Oyj’s handset unit.

Nadelia is planning sweeping changes at Microsoft, Bloomberg reported, citing people with knowledge of the company’s plans.

Microsoft’s payroll has grown to 127,000 since acquiring the Nokia handset operations. The cuts would be Microsoft’s first since 2009, when it trimmed 5,800 jobs.

Bloomberg reported some of the job cuts will be in marketing departments for businesses such as the global Xbox team, said the people. The European Xbox team is based in Reading, U.K.

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