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May 25, 2016 09:27 am GMT
Following last week’s news of Microsoft selling off its feature phone businessfor $350 million, today Microsoft turned its attention to smartphones: the company announcedit would lay off 1,850 staff and take a charge of $950 million, including $200 million in severance payments, as it “streamlines” the business to focus on enterprises and niche areas where it feels it… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/r6GELFDKv2E/
Microsoft is laying off 1,850 to streamline its smartphone business, takes $950M charge
Following last week’s news of Microsoft selling off its feature phone businessfor $350 million, today Microsoft turned its attention to smartphones: the company announcedit would lay off 1,850 staff and take a charge of $950 million, including $200 million in severance payments, as it “streamlines” the business to focus on enterprises and niche areas where it feels it… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/r6GELFDKv2E/
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