Microsoft to shut off 1,850 jobs at struggling smartphone unit

According to the reporters, it has been announced by the Microsoft Corp to have more big cuts to its business of smartphones on Wednesday, nearly two years after it bought handset maker Nokia in an ill fated attempt to take on market leaders Apple Inc and Samsung Electronics Co Ltd.

As per to the Microsoft, it said that it would cut off to 1,850 jobs, in a move that clearly  puts the stamp of two year chief executive Satya Nadella on the US company. Most of the jobs are said to be shed up in Finland, and write down $950 million from the business.

The number of employees who still work on smartphones in the group as whole was not been mentioned by it.

Last Wednesday, shares of Microsoft were been trading around $52, roughly flat with their $51.59 close Tuesday, but significantly up from 534.20 at the time when Nadella became CEO in February2014.

As said by Nadella in a statement, “We are focusing our phone efforts where we have differentiation. We will continue to innovate across the devices and on our cloud services across all the mobile platforms.”

About The Author

David Nataf started his career as co-founder of Net Development, a leading French web integrators, employing 80 people. After the merger of Net Development with Reef publisher, David joined the law firm, Jean-Pierre Millet, with the defense of computer attackers and victimes specialty ("hackers") in cases between different organizations such as NSA or other members of the international interception 'Echelon' network from the UKUSA treaty or the US Air Force. He is the author of several books on information warfare, consultant for the European Parliament as an expert in computer security (SSI) and electromagnetic signals intelligence (SIGINT). David Nataf successively launched several start-ups of the Internet in the field of paperless technologies termination of contracts online ("resilier.com"); online subscription to early stage fundraising foreshadowing the model will retain more later the platform "gust.com", or free roaming mobile operators (MVNO). Given his specialty at the cross road of anti computer crime legal advising, Internet technology, media and anti-propaganda operations, David has naturally become an actor's influence on the Web, working for a think-tank representing french defense and Aerospace. He is architecting crypto farms and masternodes for cryptocurrencies in Asia and Israel technological parks. He graduated in Law from the Faculty of Paris, is a passionate graduated gemologist by Gemological Institute of America "GG", Gemmological Association of Great Britain "Cert-Ga", practical daily triathlon.

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