Microsoft has apparently laid off its global advertising sales team. The layoffs come from within the Microsoft Advertising division and impacts staff across in offices in the US, UK and and elsewhere. Earlier this week we learned that Microsoft had initiated their third wave of company wide layoffs, a continuation of job cuts started earlier this year.
The global advertising sales team is responsible for selling ad space across Microsoft's MSN, Bing, Xbox, Outlook, Skype and Windows properties. Sources tell Business Insider that Microsoft may be in the process of streamlining their sales effort to work on larger partnerships, rather than spend energy on selling large volumes of ads across its network.
In a statement sent to Business Insider, Microsoft said:
"We've taken another step that will complete almost all the 18,000 reductions announced in July. The reductions happening today are spread across many different business units, and many different countries."
What do you think of the cuts?
Source: Business Insider