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BRIEF-Microsoft says records $306 mln employee severance expenses in Q4 2017
July 20, 2017 / 8:41 PM / 4 months ago

BRIEF-Microsoft says records $306 mln employee severance expenses in Q4 2017

July 20 (Reuters) - Microsoft Corp :

* During fourth quarter 2017, recorded $306 million of employee severance expenses primarily related to sales and marketing restructuring plan‍​

* Records $480 million restructuring charges,including employee severance expenses,contract termination costs in q4 2016

* Recorded $480 million charges primarily related to phone business restructuring plans‍​ in q4 2016- sec filing Source text : (bit.ly/2uDY1sz) Further company coverage:

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