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Microsoft to Lay Off 7,800 Employees From Phone Business

In a letter sent out to Microsoft employees this morning, company CEO Satya Nadella confirmed that over the next few months Microsoft will experience an immense restructuring with the main focus on phone business and which results in loss of 7800 positions. Moreover, the company will undergo $7.6 billion impairment charges and an approximate $750 million… Read More Microsoft to Lay Off 7,800 Employees From Phone Business