Microsoft cuts 7,800 jobs in mobile phone division and takes $7.6bn write off after Nokia agreement.
Microsoft tries to become a cloud-computing and mobile-friendly software company.
Reuters could not immediately reach Microsoft for comment outside regular US business hours.
Microsofts MSFT management has been preparing staff members of this news for some time.
Its success is seen as crucial to the company.
source: www.techworm.net
