"Microsoft is formally abandoning the consumer and value phone markets.
...Microsoft is giving up on the consumer and value phone markets and will focus only on the business market. (Irony alert: The business market is what Microsoft ignored completely when it first launched Windows Phone in 2010.
Virtually all of the Nokia employees who came to Microsoft in 2014 will be laid off by the end of the year. After three major rounds of layoffs, virtually every single former Nokia employee still at Microsoft will be gone by the time this year concludes. This year’s 1850 layoffs represent the smallest number of job cuts so far, but that is of no solace to the poor ex-Nokians who stuck it out with Microsoft."
Full article - Thurott.com