Microsoft Targets Hardware Business With 7,800 Job Cuts

Seems like the Nokia acquisition was a bad idea? “As a result of the cuts, Microsoft said it will record an impairment charge of approximately $7.6 billion related to assets associated with the acquisition of the Nokia business in addition to a restructuring charge of approximately $750 million to $850 million.”

Microsoft Targets Hardware Business With 7,800 Job Cuts


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