Microsoft CEO Satya Nadella has announced that the company will write off $7.6 billion from its acquisition of Nokia Devices and Services and cut 7,800 jobs primarily in their phone business.The news comes via a memo to employees in which Nadella revealed plans for the company’s long term growth. The job cuts will take place over the next few months; however, Nadella says he is still committed to first-party devices including phones. “We are moving from a strategy to grow a standalone phone business to a strategy to grow and create a vibrant Windows ecosystem that includes our first-party device family.”Share Article:Facebook,   Twitter,   LinkedIn,   Google Plus,   Email,   Reddit,   Digg,   Delicious,   StumbleUponFollow iClarified:Facebook,   Twitter,   LinkedIn,   Google Plus,   Newsletter,   App Store,   YouTubeAdvertise Here

Source: iClarified Read More: Microsoft to Write Off .6 Billion From Nokia Acquisition, Cut 7,800 Jobs