Microsoft ending Nokia smartphone mission

Microsoft is “signalling the end” of its Nokia smartphone mission, writing off $950 million and letting 1,850 workers go.

According to a report by The Verge, Microsoft will retrench employees at Microsoft’s Mobile division in Finland, with $200 million used as severance payments.

Microsoft wrote off $7.6 billion and cut 7,800 jobs in 2015, said The Verge, as the company attempted to refocus its smartphone business.

A small number of employees will remain in research and development roles, stated the report.

“We are focusing our phone efforts where we have differentiation – with enterprises that value security, manageability, and our Continuum capability, and consumers who value the same,” said Microsoft CEO Satya Nadella.

The news follows the announcement that Nokia will license its brand and intellectual property to HDM global, which will produce a range of Android smartphones and tablets.

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Microsoft ending Nokia smartphone mission