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Economy |
Microsoft retreats in smartphone battle, 1,850 jobs could go |
2016-05-26 |
[GEO.TV] Microsoft Corp announced more big cuts to its smartphone business on Wednesday, just two years after it bought handset maker Nokia in an ill-fated attempt to take on market leaders Apple and Samsung. The US company said it would shed up to 1,850 jobs, most of them in Finland, and write down $950 million from the business. It did not say how many employees currently work on smartphones in the group as a whole. [GEO.TV] Microsoft Corp announced more big cuts to its smartphone business on Wednesday, just two years after it bought handset maker Nokia in an ill-fated attempt to take on market leaders Apple and Samsung. |
Posted by:Fred |
#3 So you buy a going concern like Nokia, run it into the ground with incompetent management and then lay off a couple thousand of their workers. Great work, Microsoft. I owned one of the early Palm Treos with a Windows Mobile OS. What a piece of crap that was. Every now and then it would freeze and I'd have to reboot it, just like the desktop! On my next PC I'm going to install Linux. |
Posted by: Abu Uluque 2016-05-26 12:44 |
#2 In other news, Windows 10 is now malware that installs itself when you click the X to close the please update ad window. |
Posted by: Iblis 2016-05-26 10:51 |
#1 Natasha has gotta wreck, as a matter of principle, Ballmer's purchase of Nokia. |
Posted by: Thing From Snowy Mountain 2016-05-26 10:12 |