Microsoft to slash 1,350 jobs in Finland
Xinhua, May 26, 2016 Adjust font size:
Microsoft said on Wednesday that it would lay off 1,350 people in Finland, as a result of its plan to streamline its smart phone hardware business.
"We will continue to innovate across devices and on our cloud services across all mobile platforms," said Satya Nadella, chief executive officer of Microsoft.
The redundancies in Finland were part of its overall plan to cut 1,850 jobs worldwide, and the company would record an impairment and restructuring charge of approximately 950 million U.S. dollars, said the company in an announcement.
Finnish daily Helsingin Sanomat said Microsoft's product development unit in Tampere, southwest Finland, would be shut down and all employees there would have to leave.
Meanwhile, some 280 sales and marketing personnel in Espoo, west of Helsinki, would not be affected.
The redundancy announcement came one week after Microsoft said it decided to sell the feature phone business to Finland's HMD Global and Chinese Taiwan's FIH Mobile, and to continue to develop Windows 10 smart phones. Endit