Just two years after taking over the Nokia company, Microsoft is going to get rid of it completely or so it seems to be today. Despite the investment of more than 7 million dollars to take over the division of the Finnish giant, Microsoft has declared that its losses have been higher than said investment, reaching almost 8 million dollars without counting the collateral damage that the almost 8,000 layoffs that have been carried out over the past year, mostly located in the mobile division located in Finland and that are added to the 18,000 produced in 2014. With these cuts in personnel, 950 million dollars have been recovered, of which 200 million have been used to pay the compensation of the dismissed workers.
With these latest cuts, all Nokia employees currently working for Microsoft since the takeover have been left out. The company's idea is to continue with the planned layoffs until the end of the year, thus terminating the contracts of the nearly 25,000 Nokia employees that Microsoft originally hired as part of its acquisition. Only a small nucleus of workers dedicated to research and development in addition to the sales subsidiary located in Finland will be spared from this massacre of layoffs .
Another of the reorganization practices carried out by Microsoft in order to get out of the well it got into when it bought Nokia, is the sale made a few weeks ago to a Foxconn subsidiary, to which it has sold the division of basic terminals for companies for a adds up to $ 350 million.
The CEO of Microsoft, Satya Nadella ensures that they will continue to innovate on their devices and cloud service and offer better structured range of smartphones. This strategy focuses on how the company can differentiate itself from its competitors. Something that we already heard before the launch of Windows Phone about five years ago, although it is possible that this time they take it more calmly. A nately Microsoft begins to look realistically the situation of its mobile division and is very likely that we are at the end of the Lumia series and the birth of a new series of phones made larger company.
It is not yet clear when we will see these changes from Microsoft mobile, although all rumors suggest that the first of the new terminals is being planned to come out early next year and that they will say goodbye to the Lumia saga with the Nokia Lumia 650. What is already a feasible fact is that, with all the saga of layoffs that are taking place, only approximately 20% of the Nokia workers who arrived after the absorption by Microsoft in 2014 will remain within the company.
