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Microsoft To Cut 7,800 More Jobs, Take $7.6 Billion Writedown On Nokia
jones_supa writes: Microsoft is about to announce another round of layoffs. A company press release confirms the plan, saying that it will target up to 7,800 employees and will be aimed mostly at the hardware division. The hardware division includes the lion's share of former Nokia employees, which became part of Microsoft last year. In an e-mail to employees, chief executive officer Satya Nadella reiterated the company's commitment to its phone business, though he also said that some refocusing was necessary and that Microsoft's phone business would reflect the overall Windows strategy: "We are moving from a strategy to grow a standalone phone business to a strategy to grow and create a vibrant Windows ecosystem that includes our first-party device family," the e-mail reads. "As a result, the company will take an impairment charge of approximately $7.6 billion related to assets associated with the acquisition of the Nokia Devices and Services business in addition to a restructuring charge of approximately $750 million to $850 million."
truth be told, many consumers did that years ago. as usual it has taken Microsoft forever to catch up with consumers.
In other news, Microsoft is hiring 7800 H1B workers to head up their new mobile division.
-- All that is necessary for the triumph of evil is that good men do nothing. -- Edmund Burke
I say we wait another 80 years. If most cellphone users are dead by then, it means that those wavelengths really are dangerous.
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I presume that those on a H1B visa will be let go first, of course?