Microsoft to cut 1850 jobs globally to streamline its smartphone hardware business

By skilloutlook  /  May 26, 2016  /  #Top News, Global News, Job Trend  /  Comments Off on Microsoft to cut 1850 jobs globally to streamline its smartphone hardware business

Mumbai:  Microsoft Corp announced on 25th May 2016 that the company plans to streamline the company’s smartphone hardware business, which will force the company to shed 1,850 jobs. As a result, the company will record an impairment and restructuring charge of approximately $950 million, of which approximately $200 million will relate to severance payments. Following […]