Microsoft Will Soon Layoff 17000 Employees Worldwide

Posted by: lukwago J in Tech July 8, 2015

On Wednesday this week, the technology giant Microsoft announced that it will reduce its costs by layingoff about 7,800 employees worldwide in some months to come, those will be mainly from the phone department.

Check also: Google Will Officially Change To “Alphabet” By The End Of Today

The company accepted that the deal it made to buy Nokia finally failed, it eliminated about $7.6 billion as losses for purchasing of Nokia’s smartphone devices, therefore they found out that the Nokia deal was a lose to them, its such a big disappointment to Microsoft’s recent leadership which included Steve Ballmer, the former Microsoft CEO.

Microsoft finally spent $9.5 billion to purchase the entire Nokia phone business.

they wanted to boost their windowsphones to be competitive in smartphone market which is already controlled by Samsung, Google and Apple, they were also hoping to double their market shares on top of what they had.

Follow @newslexpoint

The technology giant has now resorted to investing in comprehensive inter-connected system of Apps which is possessing through purchasing small technology companies and recently it obtained some general applications such as Acompli and Sunrise so that they can get their users to reach on other Smartphone companies instead of simply moving its own windows branded devices.

Check also;

This is not a Paywall, but Newslex Point's journalism consumes a lot of time, hard-work and money. That's why we're kindly requesting you to support us in anyway they can, for as little as $1 or more, you can support us .

Please use the button below to contribute to Newslex Point, Inc. using a credit card or via PayPal.