Microsoft is laying off 1,850 to “streamline” its smartphone business, takes $950M charge

 Following last week’s news about its feature phone business, today Microsoft turned its attention to smartphones: the company said it would lay off 1,850 staff and take a charge of $950 million, including $200 million in severance payments, as it “streamlines” to focus on enterprises and niche areas where it feels it can better differentiate. […]