Market Update (NASDAQ:MSFT): Microsoft cuts 7,800 jobs as phone sales flag

[AP] – Microsoft will cut 7,800 jobs and take a $7.6 billion impairment charge to restructure its flagging phone hardware business. The company paid $7.3 billion for Nokia’s phone business in April 2014 . . . → Read More: Market Update (NASDAQ:MSFT): Microsoft cuts 7,800 jobs as phone sales flag Similar Articles: Market Update: Microsoft Corporation (NASDAQ:MSFT) – The 1,200 Microsoft sales staffers offered jobs at AOL are worried the roles won’t be around for long Market Update (NASDAQ:MSFT): Microsoft’s Windows 10 out July 29, in time for back-to-school Stock Update (NASDAQ:MSFT): ​Microsoft accuses Tampa family business of unfair competition, illegal Windows 7 sales