DV Hardware - bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
 
DarkVision Hardware - Daily tech news
November 14, 2018 
Main Menu
Home
Info
News archives
Articles
Howto
Reviews
 

Who's Online
There are currently 169 people online.

 

Latest Reviews
Arctic BioniX F120 and F140 fans
Jaybird Freedom 2 wireless sport headphones
Ewin Racing Champion gaming chair
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller
 

Follow us
RSS
 

Microsoft fires another 1,850 former Nokia employees, writes off $950 million

Posted on Thursday, May 26 2016 @ 14:49:12 CEST by


MS logo
Microsoft bought Nokia's mobile division in 2013 for 5.4 billion euro in cash in an effort to gain prominence in the mobile segment but this turned out to be a costly mistake. Last year Microsoft wrote off $7.6 billion and cut 7,800 jobs and now the software giant lays off another 1,850 jobs and takes a $950 million accounting hit on the value of the assets it bought from Nokia.

The Verge writes Microsoft is streamlining its smartphone business and is keeping just a small number of the former Nokia employees:
We might not ever know the true reasons for Microsoft's Nokia phone business acquisition, but right now it's clear the company has wasted billions of dollars on a failed experiment to try and claw its way back into the mobile market. Microsoft might be preparing a Surface phone, but if it ever debuts it will only cater to the very few who are interested in phone versions of Windows, and it's not going to be enough to reverse Windows Phone's decline. For everyone else, Microsoft's phone making experiment is truly over.




 



 

DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2018 DM Media Group bvba