Microsoft to cut 2,850 more jobs this year
Satya Nadella isn't stopping the job cuts train at Microsoft any time soon. The company revealed Thursday that 2,850 people will lose their jobs by the middle of 2017, on top of the 1,850 cuts announced earlier this year.
According to a regulatory filing, those impacted will primarily be in its phone hardware business, which has already been hit hard by layoffs, and in global sales.
The cuts are more fallout from Microsoft's decision to downsize its smartphone business, which it acquired from Nokia in 2015. Putting that acquisition in motion was one of the last things that former Microsoft CEO Steve Ballmer did before announcing that he would be leaving the company's top job. His successor hasn't taken the same shine to the phone hardware business that Microsoft bought.
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