Down, but not out: Microsoft is laying off another 1,850 staff from its smartphone hardware business, but says it isn’t leaving the market completely.

What’s left of the old Nokia business in Finland will be hardest hit by the latest round of layoffs, with up to 1,350 jobs to go. Microsoft will cut up to 500 more globally, it said Wednesday.

Since it bought Nokia’s mobile phone activities in 2013, Microsoft has been managing a business in decline. The majority of the staff it acquired from Nokia are gone, and the company’s mobile phone market share has stagnated.

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