Microsoft Axes 1200 Jobs As AOL Takes Over Ad Biz
About 1200 jobs at Microsoft will be impacted, with some positions to be moved to AOL and AppNexus. Some people will be offered other positions at Microsoft, while other jobs will be cut.
Microsoft is selling its maps business to controversial ride-sharing company Uber.
The software maker is shedding these businesses as CEO Satya Nadella works to concentrate on areas such as personal computing, cloud platforms and business productivity.
AS part of the AOL deal, Microsoft’s Bing search engine will power search results and advertising on AOL’s properties for 10 years, displacing Google.