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June 18, 2015
SAN FRANCISCO — Microsoft CEO Satya Nadella is shuffling his top management team, announcing the departure of former Nokia boss Stephen Elop and three other top executives.
Elop had left Microsoft once before to run Nokia, then returned when Microsoft bought the Finnish company's smartphone business for $7.5 billion last year. Analysts said his departure now is a sign that Microsoft is rethinking its approach to the phone business, where it has struggled to make a profit despite recent layoffs and other spending cuts.
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