Microsoft to cut 7800 jobs as it restructures phone business

[Administrator]

Microsoft has announced plans to cut 7800 jobs over the next several months as part of an overhaul of its phone business.
"I don't take changes in plans like these lightly, given that they affect the lives of people who have made an impact at Microsoft," Microsoft boss Satya Nadella said. "We are deeply committed to helping our team members through these transitions."
Microsoft's Windows Phone has struggled to compete with Apple and Android devices in the smartphone space, and its September 2013 purchase of Nokia's mobile phone business hasn't had the desired effect.
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