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. These cuts are in addition to the 1,850 job eliminations announced in May, also in the phone unit. Microsoft expects to finalize the cuts by the middle of 2017. Windows Phone's presence in the smartphone market has been hovering around 1% for the last few quarters.
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.
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.
Motorola's Chicago Office to Lose 500 Jobs
Motorola has revealed the depth of job cuts being made at its Chicago headquarters and they run quite deep. The firm will eliminate 500 positions, or about 25% of its staff, as its parent firm, Lenovo, restructures amidst weak sales.
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.