Wednesday, May 25, 2016

Microsoft Cutting 1,850 Jobs in Smartphone Unit - The New York Times

Perhaps part of BlackBerry's employee motivation strategy -- it could have been worse...

"As downbeat a note as the layoffs were for Microsoft’s smartphone business, there isn’t much left of the army of people it once had working on the devices.

About 25,000 workers joined Microsoft as a result of the company’s acquisition of Nokia’s handset business, but Microsoft quickly felt pressure to cut costs as phone sales struggled. In 2014, Microsoft announced it was cutting 18,000 jobs, most of them related to the Nokia deal.

Last year, it eliminated an additional 7,800 jobs, trimmed the number of smartphones it offered and took a $7.6 billion accounting charge, writing off nearly the entire value of the Nokia deal. Microsoft has about 110,000 total employees."
Microsoft Cutting 1,850 Jobs in Smartphone Unit - The New York Times
Post a Comment