PC world from New York sources have stated that hurt by a failed $7.6 billion nokia experiment amid growing losses in the Smartphone hardware business segment, microsoft has announced to lay off an additional 2,850 workers to the previously 1,850 jobs it said it would cut and in a regulatory filing, the tech giant said it will cut 4,700 jobs globally by the end of fiscal year 2017.

 

Indian born microsoft CEO satya Nadella has told that microsoft had announced it will cut 7,400 jobs from the Smartphone business unit and the signaling the end of its nokia experiment, microsoft announced it was cutting 1,850 jobs and writing off $950 million of which $200 million will be used for severance payments and they are focusing their phone efforts where they have differentiation with enterprises that value security, manageability and our Continuum capability, and consumers who value the same.

 

Nadella has also added that phone success has been limited to companies valuing our commitment to security, manageability, and continuum, and with consumers who value the same and Microsoft’s Lumia and Windows phone strategy has failed as both sales and Windows phone market share have declined since the tech giant’s mobile restructuring last year.

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