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Microsoft with 7,800 additional job losses, Finland hit hard

Microsoft announces further 7'800 job cuts, primarily in the mobile phone unit. Finnish government is "dissapointed with Microsoft's decision".
“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,” Microsoft CEO Satya 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.”

Microsoft, which purchased Nokia's mobile phone business for EUR 5.44 billion last year, announced 18'000 job losses from the unit last July.

A statement from the government in Finland said the job losses would include some 2'300 posts in the country.

Statement from Finnish government (extract)

"Finnish Government is disappointed with Microsoft's decision to terminate the contract of 2,300 employees in Finland. The Ministerial Committee on Economic Policy had a special meeting today due to the situation.

The Government will support the re-employment of individuals whose employment contract will be terminated and the regions affected by structural change, especially the Salo region which will suffer most severely.

Loss of so many jobs is very sad for the whole society and for individuals affected. It is, however, positive that Microsoft has promised to bear its corporate social responsibility beyond the level required by law."
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