Microsoft announced writedowns of Nokia 7800 and the upcoming staff reduction
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POSTER: computer news || MICROSOFT ANNOUNCED WRITEDOWNS OF NOKIA 7800 AND THE UPCOMING STAFF REDUCTION |
DATE:2015-07-08 |
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Today, Microsoft announced plans to restructure the mobile business. It also announced the upcoming mass job cuts, primarily in the mobile unit. As a result of these actions, it will write off the assets acquired from the Finnish company Nokia, totaling $ 7.6 billion. It is also another $ 750-850 million will be spent on the planned restructuring. As part of the restructuring program Microsoft will dismiss 7800 employees, mostly occupying the position of the mobile unit. All actions, which were announced today, will be substantially completed by the end of calendar 2015. For more information about the upcoming write-off of assets to be presented in quarterly reports and annual financial report for 2015 on Form 10-K. We are moving from the strategy to create a stand-alone phone business to a new strategy to build vibrant ecosystem of Windows, which will enter our family of mobile devices. In the near future we will launch more effective and focused portfolio of the telephone business, maintaining the possibility for long-term rethinking of space on mobile market , - wrote in a letter to employees Microsoft CEO Satya Nadella . | ||
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MICROSOFT ANNOUNCED WRITEDOWNS OF NOKIA 7800 AND THE UPCOMING STAFF REDUCTION |
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