Showing posts with label Microsoft cut up to 7. Show all posts
Showing posts with label Microsoft cut up to 7. Show all posts

Thursday 9 July 2015

Microsoft to restructure phone hardware business, cut up to 7,800 jobs



Microsoft announced plans Wednesday cut up to 7,800 positions and take a $7.6 billion write-down on its Nokia business amid efforts to restructure its struggling phone hardware business.The technology company also said it would take a restructuring charge of $750 million to $850 million