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.
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Source Credits: BBC