Menu
Microsoft will cut 2850 more jobs by the end of the year

Microsoft will cut 2850 more jobs by the end of the year

Cuts are aimed primarily at the company's ailing phone hardware business

Satya Nadella isn't stopping the job cuts train at Microsoft any time soon. The company revealed Thursday that 2,850 people will lose their jobs by the middle of 2017, on top of the 1,850 cuts announced earlier this year.

According to a regulatory filing, those impacted will primarily be in its phone hardware business, which has already been hit hard by layoffs, and in global sales.

The cuts are more fallout from Microsoft's decision to downsize its smartphone business, which it acquired from Nokia in 2015.

Putting that acquisition in motion was one of the last things that former Microsoft CEO Steve Ballmer did before announcing that he would be leaving the company's top job. His successor hasn't taken the same shine to the phone hardware business that Microsoft bought.

Microsoft declined to comment about the job cuts beyond what was disclosed in the 10-K filing. Nadella has cut thousands of jobs since taking the top spot, many of them in the phone business.

It remains to be seen what this will mean for the company's business overall. While Microsoft's most recent quarterly financial report showed a year-over-year revenue decline, the company's cloud businesses continued to grow.

The phone hardware business has been a sore spot on Microsoft's financials, seeing massive revenue declines for the past several quarters.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Microsoft

Events

Featured

Slideshows

Channel kicks 2021 into gear as After Hours returns to Auckland

Channel kicks 2021 into gear as After Hours returns to Auckland

After Hours made a welcome return to the channel social calendar with a bumper crowd of partners, distributors and vendors descending on The Pantry at Park Hyatt in Auckland to kick-start 2021.

Channel kicks 2021 into gear as After Hours returns to Auckland
The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

Hundreds of leaders from the New Zealand IT industry gathered at the Hilton in Auckland on 17 November to celebrate the finest female talent in the Kiwi channel and recognise the winners of the Reseller News Women in ICT Awards (WIICTA) 2020.

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards
Show Comments