Microsoft targets Nokia as 7,800 more jobs go

Microsoft is shedding another 7,800 jobs as it reorganises its Nokia mobile phone unit.

The move represents a massive shift in strategy for Microsoft since it purchased Nokia’s mobile phone business for €5.44bn ($7.5bn; £4.5bn) last year.

Microsoft axed 18,000 jobs from the unit last July – the deepest cuts in the company’s history.

The technology giant will also write down the value of the Nokia deal by $7.6bn.

Read more on this in the source site, after the first four lines. Click.. here.

Source Credits: BBC

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