{"id":132688,"date":"2015-07-08T14:40:12","date_gmt":"2015-07-08T14:40:12","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=132688"},"modified":"2015-07-08T14:28:51","modified_gmt":"2015-07-08T14:28:51","slug":"microsoft-to-slash-up-to-7800-jobs","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=132688","title":{"rendered":"Microsoft to slash up to 7,800 jobs"},"content":{"rendered":"<p style=\"text-align: justify;\">Microsoft Corp. announced plans Wednesday cut up to 7,800 positions and take a $7.6 billion write-down on its Nokia business amid efforts to restructure its struggling phone hardware business.<\/p>\n<p style=\"text-align: justify;\">The technology company also said it would take a restructuring charge of $750 million to $850 million.<\/p>\n<p style=\"text-align: justify;\">&#8220;We are moving from a strategy to grow a standalone phone business to a strategy to grow and create a vibrant Windows ecosystem including our first- party device family,&#8221; CEO Satya Nadella wrote in an email to employees. &#8220;In the near-term, we&#8217;ll run a more effective and focused phone portfolio while retaining capability for long-term reinvention in mobility.&#8221;<\/p>\n<p style=\"text-align: justify;\">The layoffs come a year after the Redmond-Wash., based software and hardware maker said it planned to let go roughly 18,000 employees.<\/p>\n<p style=\"text-align: justify;\">&#8211;<\/p>\n<p style=\"text-align: justify;\">Source: NBC<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Microsoft Corp. announced plans Wednesday cut up to 7,800 positions and take a $7.6 billion write-down on its Nokia business amid efforts to restructure its struggling phone hardware business. The technology company also said it would take a restructuring charge of $750 million to $850 million. &#8220;We are moving from a strategy to grow a [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":132690,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[],"tags":[18],"class_list":["post-132688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-dr-akwasi-osei"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/132688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=132688"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/132688\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/132690"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=132688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=132688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=132688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}