Microsoft Corporation (MSFT) Announces 3,000 Staff Layoffs, Launches First Wearable Device

Microsoft (MSFT)

In the continuity of reducing global workforce, Microsoft Corporation (NASDAQ:MSFT) has announced 3,000 job cuts with handset business as the primary target of the announcement. Further, the company launched its first wearable device coupled with Microsoft Health service.

The Windows maker announced 3,000 more job deductions to achieve its overall workforce reduction target of 18,000. Nokia phone segment, acquired by Microsoft, is the primary target of this job cut along with 638 layoffs in the Redmond Headquarters of the company. The global tech giant would have nearly 110,000 employees post this job cut.

A spokesperson for the company said,

“We’ve taken another step that will complete almost all the 18,000 reductions announced in July. The reductions happening today are spread across many different business units and many different countries.”

Microsoft (MSFT)

In addition to the job cuts, Microsoft Corporation (NASDAQ:MSFT) announced new health service, Microsoft Health, whose main purpose is to connects apps and wearable devices to cloud and gather user data. The app is available for Windows, Android, and iOS platforms and it is likely to provider deep insights to the individuals as well as health companies.

Along with Microsoft Health, the company launched Microsoft Band, a wearable device with sensors to record vital body parameters, which could be worn 24-hours a day. The wearable device from Microsoft Corporation (NASDAQ:MSFT) has

“10 smart sensors for 24-hour heart rate monitoring, calorie burn measurement, advanced sleep quality tracking and more as well as Guided Workouts curated by Gold’s Gym, Shape, Men’s Fitness and Muscle & Fitness.”

In addition to its health benefits, Microsoft Band is designed to provide smart notifications such as incoming calls, social updates, emails, and even text messages. These bands would be available for sale on online Microsoft store from October 30 and at an initial cost of $199.

This article has been written by Prakash Pandey.

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