Microsoft to Cut 2,850 More Jobs in Phone Business
Microsoft to Cut 2,850 More Jobs in Phone Business
Microsoft says it is cutting 2,850 jobs, about 2.5 per cent of its workforce, as it further scales back its troubled smartphone business.

New Delhi: Microsoft says it is cutting 2,850 jobs, about 2.5 per cent of its workforce, as it further scales back its troubled smartphone business.

A spokeswoman says the layoffs will mostly affect workers in the company's smartphone hardware operation and related sales teams. She declined to say which geographic locations would be affected but added many of the laid-off workers had already been notified.

Microsoft disclosed the planned job cuts in a regulatory filing, which said they're in addition to 9,250 previous layoffs, primarily affecting the company's phone business, over the last 12 months.

The giant tech company reported earlier this month that its revenue fell 9 per cent in the previous 12 months, but its net income grew 38 per cent as it shed unprofitable operations like the phone business.

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

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 1,14,000 full-time employees as of June 30.(with inputs from Agencies)

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