Microsoft Is Slashing 2,850 More Jobs
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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% of its workforce.
The company said in May it would cut 1,850 jobs in its smartphone business, most of them in Finland.
Microsoft bought Finland-based handset maker Nokia in 2014 in an ill-fated attempt to take on market leaders Apple and Samsung.
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Chief Executive Satya Nadella, who took the helm just two months before the deal closed, has since focused on restructuring the struggling phone business.
Microsoft had about 114,000 full-time employees as of June 30.
