Microsoft cuts 1850 jobs as it guts phone business

Microsoft's embattled phone business looks in deep trouble as it announced a whopping 1850 job cuts and an associated $950m write-off.

1350 of these cuts are in Finland as Microsoft kills what remains of its disastrous $7.2bn purchase of Nokia.

In a memo to staff published on Recode, Microsoft's Terry Myerson said Microsoft would help each individual impacted "with our support, resources, and respect".

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