Microsoft to Trim Another 2,850 Employees
Jul 29, 2016, 7:31 AM by Eric M. Zeman
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.
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