Microsoft To Cut Additional 2,850 Jobs From Smartphone Sector

0
0
0
0
0

Hurt by a failed $7.6 billion Nokia experiment amid growing losses in the smartphone hardware business segment, Microsoft has announced to lay off an additional 2,850 workers to the previously 1,850 jobs it said it would cut.

MicrosoftIn a regulatory filing, the tech giant said it will cut 4,700 jobs globally by the end of fiscal year 2017, PC World reported on Friday.

Last June, Microsoft had announced it will cut 7,400 jobs from the smartphone business unit.

Earlier in May, signalling the end of its Nokia experiment, Microsoft announced it was cutting 1,850 jobs and writing off $950 million of which $200 million will be used for severance payments.

“We are focusing our phone efforts where we have differentiation — with enterprises that value security, manageability and our Continuum capability, and consumers who value the same,” Indian-born Microsoft CEO Satya Nadella said in a statement.

“We will continue to innovate across devices and on our cloud services across all mobile platforms,” Nadella added.

According to a report in The Verge, the latest job cuts mean that the majority of former Nokia employees will no longer be working at Microsoft.

MicrosoftAlmost a year ago, Mr. Nadella had announced a “more effective and focused phone portfolio” with business, value phones and flagships gaining prominence.

“We’re scaling back, but we’re not out!” said Terry Myerson, Microsoft’s head of Windows and devices.

“Phone success has been limited to companies valuing our commitment to security, manageability, and continuum, and with consumers who value the same,” Nadella observed.

Microsoft’s Lumia and Windows Phone strategy has failed as both sales and Windows Phone market share have declined since the tech giant’s mobile restructuring last year.

Source: The Hindu

Image source: Image 1, Image 2, Featured image

Meet the Author

Ankit Gupta

Ankit has been a copywriter since 2009 and has the credit of being a certified copywriter, technical writer and instructional writer. He has been writing website copy and blogs since 2010 and is also an SEO specialist. An Engineering graduate with an MBA Marketing postgraduate degree, he has the experience to deliver copy on diversified fields.

Ankit Gupta has written 106 articles for Kanigas. Want to write for us ?

Apply Now »

Reply

4 + 2 =

Join our Network of Bloggers

Aman

Blogger · Nature Lover ·Technology enthusiast

Writer
Arushi

Blogger · Graphic Designer · Freelancer.

Writer
Madhavi

Blogger · Dentist by Profession · Loves Creativity.

Writer
Rachit

Blogger · Chartered Accountant · Likes Sarcasm.

Writer

Join Now »
Most Popular on Kanigas