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Microsoft Hangs Up On Nokia Business, To Cut 7,800 Jobs


Ron Burgundy
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Microsoft sign is pictured at its Finnish headquarters in EspooMost of the job cuts will be in the phone hardware business, underscoring the company's shift in focus to software and cloud from hardware. About a third of the layoffs will be in Finland, where Microsoft will shut down a product development unit, according to Finland's national broadcaster YLE. This is the second round of job cuts since Satya Nadella took over as chief executive in February 2014.




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