Tech giant Microsoft announced Wednesday that the company will be laying off 1,850 more employees following its withdrawal from its phone business. Only last week, 4,500 job cuts were announced in its devices segment, in the same breath as the sale of Microsoft's feature phone business. Employees in Finland will bear the worst brunt of the decision as Microsoft-owned Nokia is based out of there. Microsoft's acquisition of Nokia couldn't prevent the giant conglomerate to win against Apple's iPhone and all devices operating on Google's Android.

It won't be a final goodbye, however. According to Microsoft chief Satya Nadella, "We are focusing our phone efforts where we have differentiation - with enterprises that value security, manageability and our Continuum capability, and consumers who value the same. We will continue to innovate across devices and on our cloud services across all mobile platforms."

Microsoft may still roll out smaller phone devices next year in 2017, as per its previously announced plans.