Microsoft’s Exit From Smartphone Business Moves Into High Gear

  • Company is axing about 1,350 jobs in Finland handset division
  • This month Microsoft sold its old-school phone business

Microsoft May Cut 1,850 Jobs

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Microsoft Corp. has all but abandoned the smartphone game.

The company said Wednesday that it will ax as many as 1,850 jobs, many of them in Finland -- home base of the handset business Microsoft acquired two years ago from Nokia Oyj.