Microsoft to trim smartphone business, plans to cut 1,850 jobs
Microsoft Corp said on Wednesday it will trim down its smartphone business by cutting 1,850 jobs, most of them in Finland, and write down $950 million from the operation.
May 25, 2016, 16:30 PM IST
Microsoft posts biggest ever loss as it writes down Nokia
The company took a charge of $7.5 billion in the fourth quarter related to the restructuring of its Nokia handset business, which it bought last year.
Jul 22, 2015, 10:11 AM IST
Nokia plant closure: EU blames TN govt for 'lack of support'
European Union on Monday put the blame on "lack of support from the state" for loss of jobs arising from suspension of Nokia's plant near here, a charge rejected by the Tamil Nadu government.
Dec 08, 2014, 19:22 PM IST
