#but-leaving

Microsoft to cut 18,000 jobs this year as it chops Nokia

By Bill Rigby SEATTLE (Reuters) – Microsoft Chief Executive Officer Satya Nadella kicked off one of the largest layoffs in tech history on Thursday, signaling he intended to shake up the aging PC industry titan, but leaving questions about how exactly he would transform it into a nimbler, Web-based rival to Apple Inc and Google Inc. Microsoft Corp said on Thursday it will slash up to 18,000 jobs …