Saturday 10 December 2016

Microsoft makes more job cuts in troubled phone business

Published 29/07/2016 | 02:21

Microsoft says most of the job cuts will be in its smartphone business
Microsoft says most of the job cuts will be in its smartphone business

Tech giant Microsoft is cutting 2,850 jobs, about 2.5% of its workforce, as it further scales back its troubled smartphone business.

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A spokeswoman said the redundancies would mostly affect workers in the company's smartphone hardware operation and related sales teams.

She would not say which locations would be affected but added that many of the workers had already been notified.

Microsoft disclosed the planned job cuts in a regulatory filing which said they were in addition to 9,250 previous job cuts, primarily affecting the company's phone business, over the last 12 months.

The company reported earlier this month that its revenue fell 9% in the previous 12 months, but its net income grew 38% as it shed unprofitable operations like the phone business.

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