Microsoft lays off 2,850 employees as it speeds away from the smart phone market
Microsoft is getting rid of another 2,850 workers, on top of the 1,850 workers that the company let go in May, continuing a turn away from its failed acquisition of Nokia’s mobile phone business in 2014, which cost it over $7.2 billion plus later restructuring charges.
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This exodus are remnants of the failed buyout of the then Nokia, which was one of the last acyusisants that then Steve Ballmer and then was completed by the now Microsoft CEO, Satya Nadell.
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