Microsoft's Lumia and Windows Phone strategy has failed as both sales and Windows Phone market share have declined since the tech giant's mobile restructuring last year. It is believed that the multinational technology company has been working on a 'plan B' if Nokia wasn't successful with Windows Phone. By IANS | Posted 25-May-2016London: Signalling the end of its Nokia experiment, tech giant Microsoft on Wednesday announced it was cutting 1,850 jobs and writing off $950 million of which $200 million will be used for severance payments, a media report said. According to a report on technology website The Verge, the latest job cuts mean that the majority of former Nokia employees will no longer be working at Microsoft. "We will continue to innovate across devices and on our cloud services across all mobile platforms," Nadella added.

Source: Mid-Day May 25, 2016 06:52 UTC