Microsoft to cut nearly 1,800 jobs in mobile
As smartphone sales continue to plummet for Microsoft, so does the number of Microsoft Mobile employees.
This time, more than 1,800 jobs will be cut, with nearly 1,400 of those cuts happening for Nokia employees at Microsoft Mobile Oy in Finland.
The job cuts are expected to cost the company a whopping $950M, including $200M to be put towards severance payments for laid-off workers.
The mobile business has been quite rocky from Microsoft since they acquitted Nokia's phone business in 2014 for $7.3B, as reported by ABC News.
Last year alone, around 7,800 jobs were cut from mobile.
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Nearly 26,000 jobs in total have been cut since the Nokia acquisition.
However, as CNN money reported:
"The company continues to report solid results in its cloud computing, Office 365 and Windows business units."
Though there's been major scaling back in the past two years for the mobile division of the company, this by no means indicates an overall struggle for Microsoft as a company.
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