Investing
Microsoft To Cut 1,850 Nokia Jobs, Formerly World's Largest Cell Phone Maker
Published:
Last Updated:
Finland newspaper Helsingin Sanomat reported that Microsoft (NASDAQ: MSFT) will cut as many as 1,850 as its phone operation, formerly Nokia.
The huge software company immediately stated that it would take a $950 million impairment charge
A decade ago, Nokia was the largest market of cellphones in the world.
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.