Microsoft to Cut 1,850 Smartphone Workers
Microsoft today said it plans to further streamline its smartphone business, an action that includes job cuts and restructuring charges. The company plans to cut 1,350 jobs from its facilities in Finland, as well as another 500 jobs globally. The company expects to take a charge of about $950 million, of which $200 million will be used for severance packages. "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," said Satya Nadella, Microsoft's CEO. "We will continue to innovate across devices and on our cloud services across all mobile platforms." Microsoft says it expects to complete most job cuts by the end of this year and all cuts by July 2017. Sales of Windows 10 Mobile phones began in late 2015, but the platform has lost more ground since then, accounting for just 1% of smartphone sales during the first quarter, according to Gartner. Microsoft recently sold its feature phone business to a Foxconn subsidiary, and Nokia recently gave that same subsidiary the rights to use its brand on mobile devices. This paves the way for Nokia to make a return, of sorts, to the mobile phone business.
Microsoft to Trim Another 2,850 Employees
Microsoft revealed more job cuts on Thursday as it continues to wind down its mobile phone business. The company plans to reduce headcount by 2,850 employees, primarily in its mobile phone and sales businesses.
Microsoft to Slash 7,800 Jobs, Restructure Phone Biz
Microsoft today announced significant job cuts and plans to restructure its mobile phone business unit. The company will eliminate 7,800 jobs, mostly from its phone business, and streamline its portfolio of smartphones.
Microsoft Prepared to Cut More Jobs
Microsoft is planning to announce a new round of layoffs as early as today, reports the New York Times. Many of the cuts will target employees in Microsoft's hardware group, such as the smartphone unit it bought from Nokia in 2014.
Nokia-Branded Phones to Make a Comeback
Nokia and Microsoft today put in motion a series of deals that will eventually lead to Nokia-branded handsets returning to the market. Microsoft has agreed to sell its feature phone business to FIH Mobile Limited, a subsidiary of Foxconn, for about $350 million.
Nokia Pins Smartphone Comeback on HMD Global
Nokia today said it plans to return to the smartphone business during the first half of 2017 through its partnership with HMD Global. HMD Global recently completed a series of transactions between HMD, FIH Mobile Limited, and Microsoft that will allow it to make phones bearing the Nokia brand.
In other words
That said, because now "Windows Phone" is "Windows 10 Mobile", and Windows 10 Mobile IS Windows 10, Windows 10 Mobile will be supported and further developed for years to come. W10M is completely v...