Microsoft likely to announce another round of job cuts this week
Layoffs are in addition to the roughly 18,000 employees that it planned to let go a year ago
Thu, Jul 09, 2015 - 5:50 AM
A Microsoft sign is pictured at its Finnish headquarters in Espoo, Finland July 8, 2015. Microsoft Corp said on Wednesday it would cut 7,800 jobs and write down about $7.6 billion related to its Nokia handset business, which it acquired in 2014.
MICROSOFT plans to announce a major round of layoffs as early as Wednesday, as the company seeks to further cut costs amid a shifting technological landscape.
The layoffs are in addition to the roughly 18,000 employees that Microsoft said it planned to let go a year ago,...