| Microsoft Smartphone Unit Will Cut Up to 1,850 Jobs
The New York Times, May 26, 2016 Thursday
SEATTLE -- Microsoft is making further cuts to what is left of its ailing smartphone business, as sales of the devices continue to fade. The company said on Wednesday that it would eliminate up to 1,850 jobs as a result of the cutbacks, about 1,350 of them in Finland, where the mobile business that Microsoft acquired from Nokia a couple of years ago originated. Microsoft will take an accounting charge of $950 million related to the cuts, it said. In an email to all Microsoft employees sent...