There have been cut jobs in Microsoft, specifically on Nokia part. The company continues to struggle and according to the current CEO Satya Nadella, there were blunders made in the past. On Wednesday, Nadella said that the company made a huge mistake to purchase Nokia, following the tough time Microsoft is experiencing with Nokia.
In September 2013, Microsoft announced its dream to acquire Nokia mobile phone, and on April 25, 2014, Microsoft purchased the Finnish company at US $7.17 billion. Unfortunately Nokia isn’t adding the expected value to the software giant based in Redmond, Washington. After it was announced in 2013 that the company would buy Nokia, there were some oppositions to the idea that emerged within the company. Bill Gates and Nadella were among those who opposed the idea, but the then CEO Steve Ballmer managed to push it through.
Several jobs have so far been cut which hasn’t solved the problem, and still, 7,800 people are going to lose jobs in Microsoft. Nadella has decided to let the company plus the consumers know that the problem being faced by the company was created when wrong decisions were made to buy Nokia.
Microsoft’s dream was to broaden the market and become better, just as the former CEO Ballmer put it that the step to acquire Nokia was “bold step into the future.” Unfortunately Microsoft isn’t reaping the fruits it dreamt of when buying Nokia instead it’s struggling with it. It has to make a tough choice to turn around the situation.