Micrsoft backs off in smartphone battle, 1,850 employees laid off
Micrsoft backs off in smartphone battle, 1,850 employees laid off
On Wednesday, Microsoft announced more layoffs in its smartphone business, just two years after its acquisition of Nokia and attempt to take market leaders and rivals Apple and Samsung. According to the announcement made by the company they will shed up to 1,850 jobs, most of which will be from Finland, which is the base of operation for Nokia. They will also write down $950 million from the…
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