Microsoft is shedding another 7,800 jobs as it reorganises its Nokia mobile phone unit.
The move represents a massive shift in strategy for Microsoft since it purchased Nokia’s mobile phone business for €5.44bn ($7.5bn; £4.5bn) last year.
Microsoft axed 18,000 jobs from the unit last July – the deepest cuts in the company’s history. The technology giant will also write down the value of the Nokia deal by $7.6bn.
Microsoft currently has about 118,000 employees worldwide. A statement from the government in Finland, were Nokia is based, said the job losses would include some 2,300 posts in the country.
The statement said the government was “disappointed with Microsoft’s decision” and called a special ministerial meeting to consider assistance for those affected. “Loss of so many jobs is very sad for the whole society and for individuals affected,” it said.
Microsoft said in a statement that it would “restructure the company’s phone hardware business to better focus and align resources”.(BBC)