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Microsoft announced the .2 billion takeover of Nokia in September 2013, finalizing the acquisition in April. Nokia CEO Stephen Elop and Nokia head of phones Jo Harlow both left Microsoft in June.

It would cut almost 7,800 jobs, which is about 7 percent of its workforce, maximum of which will be done in the phone hardware business.

Both the Nokia and aQuantive deals were engineered by ex- CEO Steve Ballmer, who sought to compete against younger, faster-growing tech companies by expanding beyond Microsoft’s original business of making software for desktop computers. He added that the company intends to...

The San Diego layoff will see the departure of 28 senior software development engineers, 18 senior program managers and seven senior hardware engineers, based on a state filing submitted by Microsoft.

While some of Microsoft’s 1,200 Irish employs are engaged in mobile-related activities, the company’s sales, operations and software development is not expected to come in for attention with regard to the new job cuts, according to sources close to the company....

The impairment charge will roughly be $7.6 billion in relation to the assets that are associated with all the acquisitions done with Nokia Devices and Service (NDS).

Creative Strategies analyst, Ben Bajarin said narrowing the focus on mobile will allow the company to devote its resources to its strongest areas like software and cloud development, noting that the company has served mobile phone customers ranging from low end to premium tier....

Microsoft announced that it will layoff 7,800 employees as it looks to expand the reach of the Bing search engine.

The company paid $7.3 billion for Nokia’s phone business in April 2014, seeking to push rapidly into the smartphone sphere as its traditional software business slowed. The job cuts represent about 6% of the total work force of the company, and will be targeted mainly at the...

Today’s plans were outlined in an email from Microsoft CEO Satya Nadella to Microsoft employees. Instead, the Windows smartphone has lost market share and is bleeding red ink.