Microsoft culls what little is left of its smartphone business

Microsoft's mobile phone woes follow its $7.2 billion acquisition of Nokia, which Microsoft previously declared was a failure.

Microsoft will continue to support its Lumia smartphones and the development of Windows 10 Mobile, but its unclear whether it will develop new phones.

Yet our phone success has been limited to companies valuing our commitment to security, manageability, and Continuum, and with consumers who value the same. Mr. Nadella also said that the spirit of innovation across all mobile and cloud platforms will not dry out with this step.

But Microsoft's phone business has struggled to eat into the market share of the major players Google and Apple, and Microsoft has since moved away from the Nokia brand, selling off its featurephone business earlier this month. Employees of the company's sales subsidiary, Microsoft Oy, will not be affected by these job cuts.

The company will record an impairment and restructuring charge of approximately $950 million.

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As a effect of the latest lay-off plans, Microsoft will set aside $200 million for severance fees and write down the value of its More Personal Computing business, resulting in a total charge of around $950 million, it said. He doesn't, however, suggest that the future involves any Microsoft-made smartphones.

The deal is expected to close in the second half of 2016 and will include the transfer of as many as 4,500 employees to both companies, the announcement said. The Xbox and the Surface tablets are great examples.

"The loss of 1,850 jobs is no small matter, and it is a sad denouement for the story of the Finnish mobile phone powerhouse that was a groundbreaking and innovative player in its prime". In the past two years, the company has laid off a massive number of employees, most of whom were related to its phone business and Nokia specifically.

In a memo to staff obtained by Recode, Windows and Devices head Terry Myerson called today's changes "incredibly hard".

Source: Microsoft culls what little is left of its smartphone business