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Microsoft To Cut 7,800 Jobs and Write Down $7.6 Billion Loss

In a post Microsoft posted that there are going to be changes to their mobile business. With 7,800 people losing their job in the phone business. And they will write down a loss of $7.6 billion from the Nokia deal.

“We are moving from a strategy to grow a standalone phone business to a strategy to grow and create a vibrant Windows ecosystem including our first-party device family,” Nadella said. “In the near-term, we’ll run a more effective and focused phone portfolio while retaining capability for long-term reinvention in mobility.”

Satya Nadella

So what this means now is that they won’t try to compete with android and iOS. But trying to grow and show Windows to consumers instead.

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