Microsoft To Cut 1,850 Jobs In Smartphone Streamlining - Twice

Microsoft To Cut 1,850 Jobs In Smartphone Streamlining

"Microsoft said it is cutting jobs as part of an effort to 'streamline the company's smartphone hardware business,' incurring a $950 million restructuring charge as a result. The company appears to have stopped short of exiting the segment completely, with Satya Nadella, CEO, stating that it will focus its phone efforts "where we have differentiation - with enterprises that value security, manageability and our Continuum capability, and consumers who value the same".
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Although Microsoft said it isn't leaving the smartphone hardware business, at the company’s recent Build developer event, Terry Myerson, Microsoft’s Windows chief, said Windows 10 Mobile is "not the core" of the company's immediate focus.

"Microsoft said it is cutting jobs as part of an effort to 'streamline the company's smartphone hardware business,' incurring a $950 million restructuring charge as a result. The company appears to have stopped short of exiting the segment completely, with Satya Nadella, CEO, stating that it will focus its phone efforts "where we have differentiation - with enterprises that value security, manageability and our Continuum capability, and consumers who value the same".

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