Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Microsoft Corporation (MSFT) Shifting Away from Hardware with 2/3 of Job Cuts at Nokia

Satya Nadella has signaled a new era for Microsoft Corporation (NASDAQ:MSFT) after signing off, job cuts that will affect 18,000 personnel representing 14% of the company’s workforce. The latest job cuts come as the company tries to shift its focus away from hardware and straight into the cloud. Former Microsoft general manager, Hardeep Walia, has told Bloomberg that Nadella is trying to shift his focus from devices and services, straight into productivity and cloud platform.

Microsoft Corporation (MSFT)

The recent job cuts will mostly affect employees of the newly Acquired Nokia Corporation (ADR) (NYSE:NOK) as the company continues to de-emphasize on hardware development.

“The impact of this loss is that two-thirds is related to the Nokia acquisition which was kind hinted when the deal went down, it was largely expected, and the other third is likely to come in from this realignment of strategy,” said Mr. Walia.

Microsoft Corporation (NASDAQ:MSFT) has in the recent past been shifting its focus into service delivery across various platforms; this has clearly been highlighted with the availability of Microsoft Office, on Apple Inc. (NASDAQ:AAPL)‘s iPad. Office availability on the iPad took a lot of time to be implemented considering it was discussed during Steve Ballmer regime at Microsoft.

Microsoft Corporation (NASDAQ:MSFT) new CEO looks to be finally stamping his authority in the company as he seeks to lead the company to new greater heights in the cloud, amidst increased competition o the hardware side.

“You’ve seen a first step in that direction with office now being available on the iPad, and it took a long time for that to happen and it did happen, be it the plans were probably started prior to Satya Appointment,” said Mr. Walia.

Job cuts and the availability of the Office on Apple Inc. (NASDAQ:AAPL)’s devices, essentially highlights Nadella lack of fear to implement some of the hardest decisions in the industry according Walia. The CEO has reiterated that the current Job cuts are highly needed if the company is to become agile, to move faster in the industry.

Disclosure: none

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...
X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!