Date
22 January 2017
Chief executive Satya Nadella is restructuring the struggling phone business Microsoft acquired from Nokia in 2014. Photo: Bloomberg
Chief executive Satya Nadella is restructuring the struggling phone business Microsoft acquired from Nokia in 2014. Photo: Bloomberg

Microsoft to cut 2,850 more jobs

Microsoft Corp. said it will cut about 2,850 more jobs over the next 12 months, taking its total planned job cuts to up to 4,700, or about 4 percent of its workforce.

The company said in May it would cut 1,850 jobs in its smartphone business, most of them in Finland.

Microsoft bought Finland-based handset maker Nokia in 2014 in an ill-fated attempt to take on market leaders Apple Inc. and Samsung Electronics Co. Ltd., Reuters said.

Chief executive Satya Nadella, who took the helm just two months before the deal closed, has since focused on restructuring the struggling phone business.

Microsoft had about 114,000 full-time employees as of June 30.

According to technology news website Recode, Microsoft has essentially shed nearly all of the Nokia mobile phone business.

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