q Microsoft To Lay Off Most of Former Nokia Employees – TGDaily

Microsoft To Lay Off Most of Former Nokia Employees

More jobs on the line at Microsoft, as the company sets about its mission to remove the existence of Nokia as a brand from its business logs. Microsoft on Thursday announced the lay off of an additional 2,850 workers to the 1,850 jobs it said it would cut.

The company has also informed in a regulatory filing, that globally 4,700 jobs will be cut by the end of fiscal year 2017.

The Nokia demise started earlier in May, when Microsoft saved $950 million by dismissing thousands of people at the Nokia team.

Satya Nadella, CEO, Microsoft

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. We will continue to innovate across devices and on our cloud services across all mobile platforms.

The latest job cuts mean that the majority of former Nokia employees will no longer
be working at Microsoft.

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.