Beleaguered “Microsoft Corp said it would cut about 2,850 more jobs over the next 12 months, taking its total planned job cuts to up to 4,700, or about 4 percent of its workforce,” Rishika Sadam reports for Reuters.

 
“The company said in May it would cut 1,850 jobs in its smartphone business, most of them in Finland,” Sadam reports. “Microsoft bought Finland-based handset maker Nokia in 2014 in an ill-fated attempt to take on market leader Apple.”

 
Sadam reports, “Chief Executive Satya Nadella, who took the helm just two months before the deal closed, has since focused on restructuring the struggling phone business.”

 
Full article here.

 

MacDailyNews Take: In memoriam, let’s revisit the funeral procession that beleaguered Microsoft held in September 2010 for Apple’s iPhone:

Microsoft's iPhone Funeral September 2010

Microsoft's iPhone Funeral September 2010

Microsoft's iPhone Funeral September 2010


SEE ALSO:
Microsoft pulls plug on consumer smartphones, axes another 1,850 jobs – May 25, 2016
Cue the funeral for Microsoft’s Windows Phone – April 22, 2016