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2,850 jobs from smartphone sector


New York: Hurt by a failed USD 7.6 billion Nokia experiment amid growing losses in the smartphone hardware business segment, Microsoft has announced to lay off an additional 2,850 workers to the previously 1,850 jobs it said it would cut.In a regulatory filing, the tech giant said it will cut 4,700 jobs globally by the end of fiscal year 2017, PC World reported on Friday.Last June, Microsoft had announced it will cut 7,400 jobs from the smartphone business unit.Earlier in May, signalling the end of its Nokia experiment, Microsoft announced it was cutting 1,850 jobs and writing off USD 950 million of which USD 200 million will be used for severance payments.”We are focusing our phone efforts where we have differentiation — with enterprises that value security, manageability and our Continuum capability, and consumers who value the same,” Indian-born Microsoft CEO Satya Nadella said in a statement.”We will continue to innovate across devices and on our cloud services across all mobile platforms,” Nadella added.According to a report in The Verge, the latest job cuts mean that the majority of former Nokia employees will no longer be working at Microsoft.

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