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Jolla Goes For Debt Restructuring (phoronix.com)

jones_supa writes: Months after the smartphone company Jolla announced its split and intent to focus on Sailfish OS licensing, its financial situation has not improved. Jolla's latest financing round has been delayed and so they have had to file for debt restructuring in Finland. As part of that, the company is temporarily laying off a big part of its personnel (Google translation of Finnish original). Jolla co-founder Antti Saarnio said, "Our operating system Sailfish OS is in great shape currently and it is commercially ready. Unfortunately the development until this point has required quite a lot of time and money (PDF). To get out of this death valley we need to move from a development phase into a growth phase. At the same time we need to adapt our cost levels to the new situation. One of the main actions is to tailor the operating system to fit the needs of different clients. We have several major and smaller potential clients who are interested in using Sailfish OS in their projects."

46 comments

  1. never saw this by Anonymous Coward · · Score: 0

    i would have never saw this coming...

  2. Ob car analogy[1] by Hognoxious · · Score: 1

    To get out of this death valley we need to move from a development phase into a growth phase.

    We are not outnumbered. We are in a target rich environment with a low blue-on-blue probability.

    At the same time we need to adapt our cost levels to the new situation.

    We are not surrounded. We're operating on interior lines.

    [1] of the armoured variety

    --
    Confucius say, "Find worm in apple - bad. Find half a worm - worse."
  3. Thank you engineering team... by JoeMerchant · · Score: 4, Informative

    Thank you very much, capable engineers who have developed our product. Sadly, unless you have skills in sales and marketing, we simply cannot afford you at this time.

    Sincerely,

    The management team who should have seen this coming but is acting surprised.

    1. Re:Thank you engineering team... by Anonymous Coward · · Score: 0

      Sincerely,

      The management team who saw this coming and will make plenty of money anyway when the company's corpse is picked over for IP.

      Fixed that for you.

    2. Re:Thank you engineering team... by invictusvoyd · · Score: 1

      This is what happens when an engineering company is run by a bunch of managers.

    3. Re: Thank you engineering team... by Anonymous Coward · · Score: 0

      Forced vacation so they dont pay severence

    4. Re:Thank you engineering team... by nikkipolya · · Score: 1

      What? The managers get rich?

  4. Get in line by JoeyRox · · Score: 3, Funny

    Blackberry is still trying to license theirs.

  5. In other words ... by gstoddart · · Score: 1

    To get out of this death valley we need to move from a development phase into a growth phase. At the same time we need to adapt our cost levels to the new situation.

    We're losing money like mad and haven't yet figured out a workable business model, so in order to maintain executive bonuses we need to get rid of some people.

    --
    Lost at C:>. Found at C.
    1. Re:In other words ... by CrashNBrn · · Score: 3, Interesting

      In America maybe. Except this is Finland. Executive salary likely isn't more than 5-10x that of the blue collar workers. On top of that, I highly doubt that a company founded by Engineers from Finland would of set up an internal company infrastructure to include "executive bonuses".

      In other words, Yeah No.

    2. Re:In other words ... by Anonymous Coward · · Score: 0

      You must be kidding. In Finland the top executive compensation is 32x the average industrial pay wage. Greed has no geographical boundaries. Finland is more equal than others though, because Finland is in a depression.

    3. Re: In other words ... by Anonymous Coward · · Score: 0

      Take a look at Japan, you might be surprised.

  6. Don't forget about Mozilla's Firefox OS. by Anonymous Coward · · Score: 0

    And then there's Mozilla's Firefox OS. I'll never forget how poorly Firefox OS fared in the most scathing software review I've ever read.

    If Jolla is having such a hard time making a go of it, and they have a better product than Firefox OS, how the heck does Mozilla think that they have a hope in hell of accomplishing anything but complete failure with Firefox OS?!

    Mozilla should put an immediate end to Firefox OS, throw it away, and redirect the resources to Firefox. Instead of taking inspiration from Chrome, take inspiration from Firefox 3.6 instead. That was the last release of Firefox that users actually liked. Mozilla should work toward restoring Firefox to that UI and user experience. When the UI and UX have been fixed, then they can focus completely on resolving the lingering performance problems that Firefox is notorious for. At least doing that will give them some chance of salvaging Firefox, while no longer wasting time, effort and money on Firefox OS.

    1. Re:Don't forget about Mozilla's Firefox OS. by Anonymous Coward · · Score: 0

      Or try SeaMonkey (re Firefox "recovery"). Very little change to the UI while FF was spinning out of control.

      Too bad about Sailfish/Jolla. I have been hoping for an alternative to iOS, Android, and Windows Phone. I switched from Android to WP several months ago as the Android exploits in the news seemed to be piling up, and it's not bad really, especially with the value proposition of a $70 Lumia 640 with mid-range hardware specs. However, I am not trustful of MS any more than I am of Google, and now their heavy-handedness with ramming Windows 10 down everyone's throats is further alienating me.

      Ubuntu Phone seems to have lost its way toward the convergence notion of a desktop UI on a connected big screen ala my Droid Bionic running Webtop on a Lapdock back in the day all of 2 years ago. I still think Google killed further needed development of Webtop due to seeing it as a competitor to Chromebooks during the brief time it owned Motorola Mobility.

      Oh well, will see if I can get anywhere with Cyanogenmod on an old Droid Razr HD ...

  7. Am I the only one hoping... by BellyJelly · · Score: 4, Funny

    that Nokia buys them out?

    1. Re:Am I the only one hoping... by Anonymous Coward · · Score: 0

      No; you aren't It's been discussed repeatedly. The Nokia that currently exists is not the same Nokia that was, but it could afford to do that and rebranding Jolla would probably allow to everything to proceed. Unfortunately there are probably just too many people there who were burnt by the whole Microsoft/Elop thing.

    2. Re:Am I the only one hoping... by invictusvoyd · · Score: 0

      They should start by selling their 3310 and 3315 phones. They are better than the crap which Microsoft makes today.

    3. Re:Am I the only one hoping... by Anonymous Coward · · Score: 0

      You are wise, however unfortunately that's the bit of Nokia's product line that Microsoft has the rights on for the longest. There is little hope there.

  8. What a shame by Anonymous Coward · · Score: 1

    It's a real shame to see this happen to them, I had been hoping that the Jolla phone might make it to North America before my Lumia kicked it, and with no 3G support on North American bands and iffy LTE functionality I couldn't just buy the phone directly from them. Now it seems quite unlikely I'll ever see a Jolla phone this side of the pond, especially since I did end up having to replace the Lumia fairly recently. I'm now using an Android device and hate almost every minute of it, as it is infested with Google "apps" (really they're just shortcuts to launch chrome with a particular URL).

  9. I had a N9 by Ecuador · · Score: 3, Insightful

    I had a Nokia N900, a great linux-based phone, especially if you were an advanced user. Then I sacrificed the qwerty keyboard that I liked on the N900 and got a Nokia N9. To this day, I maintain that it was by far the best mobile phone UI I have ever used. Best feature was probably the app switching, so quick and easy to go from one app and the other and at the same time deciding whether the app you are leaving keeps running in the background or terminates. And the hardware and design was great as well. When I first got it, my wife tried it out with its beautiful Super Amoled curved display and told me "hey, next to your iPhone (a brand new 4S if I recall) this one looks like it is from 2030!". In fact when I switched to a Samsung Galaxy S3 (due to some apps I needed and were not available for Maemo/Meego), it was the first time ever I thought my new phone was (much) worse than the previous one. Right now I have an iPhone 6 plus and a Xiaomi Mi4 and I still miss that N9!
    So, this was just a side note before saying thanks to the engineers who brought us what was the best mobile OS so far and it should have dominated the market, if only the marketing was as good as the actual product. When I first heard about Jolla I hoped I would be able to get another phone as good as the ol' N9 at some point, so I am sorry to hear about their struggles.

    --
    Violence is the last refuge of the incompetent. Polar Scope Align for iOS
    1. Re:I had a N9 by Anonymous Coward · · Score: 1

      You're full of shit. I had both N900 and N9 and they were complete garbage compared to the Nexus 5 that I'm using now. Fact of the matter is that Nokia produced nice hardware, but they never knew how to produce good software.

    2. Re:I had a N9 by short · · Score: 3, Insightful

      I have N900 and for about a month LG G4 and I remained using N900. Without QWERTY it is unusable, to write TODO lists, notes, even to write URLs, those on-screen keyboards take forever to type together with many typos, and it is just inconvenient. When I need to do anything with the phone I SSH to N900 but I haven't yet found anything similar in Android. There are some chroot Linuxes but I could not get sshd running there. IIRC I got sshd working on Android itself but the shell is unusable there (or maybe I even did not get sshd working there, not sure now).

    3. Re:I had a N9 by Anonymous Coward · · Score: 2, Insightful

      I agree with you wholeheartedly as I also owned a N900 (two in fact due to the poor soldering of the microUSB port). It really demonstrated that you could have a desktop in a small form factor that could also function as a phone back in 2000-2010 era using their maemo OS. I certainly think that Nokia at the time really messed up their mobile strategy as they had a stranglehold with Symbian. If they could have converted, the mobile OS landscape could have been quite different given how the N9 turned out.

    4. Re:I had a N9 by timmyf2371 · · Score: 1

      I found hardware qwerty phone keyboards the most difficult to use and introduced the most errors. Probably because the keys are so small. I find the iOS software keyboard really simple to use, especially with autocorrect. I can usually walk and type with my thumbs (looking ahead rather than at the phone) and most of the time it is correct.

      But nothing will beat the original 0-9 and T9 for ease of use and accuracy. I don't really remember which I liked the best - I used 0-9 (multi tap) for years and then one day I got a new phone and made a conscious effort to learn T9 and after that I was hooked.

      --

      Backup not found: (A)bort (R)etry (P)anic
    5. Re:I had a N9 by short · · Score: 1

      T9 is easy to write but difficult to read. :-)

    6. Re:I had a N9 by Anonymous Coward · · Score: 1

      Looks like you are the one full of shit. If you had the N900 which even people who still hold on to it admit it did not have polished software and you liked it enough despite it obvious flaws to get the much more polished N9, why would you think they are garbage? And in general, let's forget about the things that an Android cannot do, just the basic UI fluidity on an android requires at least 2x the hardware, so any Android that is not top of the line feels like crap compared to anything running Nokia's OS.

    7. Re:I had a N9 by Anonymous Coward · · Score: 0

      You are full of shit. I had N900 and it was shitloads better than any of the android phones i've had/have. Fuck android, fuck iphone, fuck MS shit.

    8. Re:I had a N9 by jcdr · · Score: 1

      I have the N770 N800 N810 N900 N9 Nexus S, and now the Nexus 5P since a week. Of course the technology of the Nexus 5P completely surpass the N9, but from the UI point of view I found the Nexus S unusable even after upgrading to Android 4.3. The Nexus 5P is much better in many point but still far far away from the N9 UI design. Some random observations:

      * The N9 always display the time and important status when his proximity sensor don't detect light reflection from a pocket. I just have to look at it to know the time and if I have a received a message, not even to touch it. The N9 laminated OLED display on curved edge glass have a ultra low power mode that allow to let some pixels in on state while the main processor is in sleep mode. The Nexus 5P need a least to be inclined for a least 1 second to make it display something. The Nexus 5P seem to be a LCD screen with a backlight on the the full surface even when displaying only the time.

      * The N9 is outrageously conformable to hold in the hand. It has no corners in the contact of the hand and the transition from the case to the curved screen edge is almost imperceptible. Never found a better phone case design to date.

      * The N9 react to a double tape on the screen with a finger by displaying a home screen and give direct access to the other main screens with a swipe in the good direction. The Nexus 5P is not reacting to any touch screen solicitation, the only way is to touch a button or the fingerprint scanner.

      * The N9 UI navigation is deadly simple and extremely effective. Simply swipe from the edge of the screen from any application to go to the application menu, application switching menu, or the status feed screen. The Nexus 5P Marshmallow Android have the round and square button to do almost the same but it's less comfortable because there are at the bottom of the screen. The swipe of the N9 can be done anywhere along the edge of the screen, and when you use a single hand to hold and operate the device it's more quick and comfortable to swipe on the region near the top of the screen.

      * The N9 allow to close an application by simply swipe it from the top to the bottom direction, so effective. The Marshmallow require to first go to the application switching menu.

      * The N9 present a small view of the full applications screens in the application switching menu, in two selectable size. This make the selection of applications far more quick and easy than the rolling applications selector of Marshmallow.

      * The N9 can act as a fully normal and very fast USB memory. I have not yes tried this with the Nuxus 5P (because his box don't include a USB type A cable), but I Android killed this feature sometime after the Nexus S. I found the two replacement protocols unstable and boringly slow on the Galaxy S3 for example.

      * The N9 fully integrate the socials network into this core feature applications like only the last Android try to do. Still the way Skype is integrated into the N9 is vastly superior as the contacts and messages notifications are fully merged with the system. With the N9, the application or protocols used to send and receive call and messages are just a details on the configuration of the accounts settings. After that, the core system take care of the detail for you and present all the protocols with the same framework. From my point of view this was the most advanced feature of the N9, still far away ahead of the last Android.

      Overall, the N9 is still a reference in surprisingly number of points even 5 years after his release and murder.

  10. "Took off my watch... by swschrad · · Score: 1

    "Now I got all the time in the world." -- The Association

    --
    if this is supposed to be a new economy, how come they still want my old fashioned money?
  11. Wanna have my money? by Anonymous Coward · · Score: 0

    Simple: I wanna give it. You don't even have to shake it down from me.

    Just sell me a phone with Sailfish OS. Here. In Brazil.

    Nah, scratch that: just put Sailfish, as a free upgradeable distribution on all my phones (and tablets... and computers).

    Scratch that, too: just put it on a single phone I have.

    Scratch even that: just put it on a brand new model that I purchase.

    Scratch that still: sell me the OS (on a SD card) and tutorial and I will put it on a phone you say it's compatible.

    One further simple step: sell a card, much like Google, Facebook etc. so that I can acquire credits with which to buy your products.

    It's that simple. Or maybe not: there's probably a lot of bureaucracy involved when it comes to telephony authorizations etc.

    So why not make a tablet-only OS and bypass all that while we wait for all the authorizations to be obtained?

    Make a distro. Say which devices are compatible.

    I want desperately a tablet with Linux (and a dock to put it in when I come home -- but this part I can do myself with the computers I already got), but the catch is that many things are required, such as easy upgrading (like in Debian and derivatives).

    My money wants to leave me and get into your hand.

    1. Re:Wanna have my money? by tlambert · · Score: 1

      Simple: I wanna give it. You don't even have to shake it down from me.

      Just sell me a phone with Sailfish OS. Here. In Brazil.

      Certainly, sir.

      I'll need your billing information and shipping address. Let's start with billing...

      Which reserve currency will you be paying for this in? U.S. dollars, euros, pounds sterling, Japanese yen, Swiss francs, or Canadian dollars?

      The Brazilian banking system did freaking *what*?!?!?!?

      Sorry sir; you can not buy anything internationally, period.

      Please contact your local government stooge to find out which company in your area is paying sufficient bribes to get things into your country legally, and then contact them to see which one of those is willing to import our product on your behalf.

      Thank you again for calling, [any company not actually incorporated in Brazil].

    2. Re:Wanna have my money? by Anonymous Coward · · Score: 0

      Heh, you don't know me (not even my name, since I'm an AC). But I assure you we can purchase things internationally, it's not so hard.

      Besides, do you have anything to sell to me?

      If you receive my money, converted to the currency of your preference, know one thing: "non olet".

      And if Jolla won't sell here -- which admittedly won't be easier than in any other place -- no problem... someone will, some other country, more aggressive about capitalism will want our business. Korean, Chinese, Japanese, Filipinos, etc. etc. -- we have no enemies, we'll close deals with anyone who wants to meet us.

      BTW, we have things to sell, too. You might be surprised to know the good things we got here...

    3. Re:Wanna have my money? by Herve5 · · Score: 1

      They have a tablet, crowdfunded, that you visibly ignored. I did pay for one, that I won't receive. I don't regret it; if anythinh I regret not having bought a couple of others, which may have helped keeping them afloat. Sailfish linux OS, on a nordic-designed device, for some €200.
      Really too bad you missed it.

      --
      Herve S.
    4. Re:Wanna have my money? by Eunuchswear · · Score: 1

      Get an old nexux 5, download the sailfish 2.0 image, insall it.

      --
      Watch this Heartland Institute video
    5. Re:Wanna have my money? by Anonymous Coward · · Score: 0

      > Get an old nexux 5, download the sailfish 2.0 image, insall it.

      That will really solve my problem, and I might do it, but at the same time I wish there could be a way for them to stay in business (and provide me with updates, too!).

  12. The phone OS wars are settled by johanw · · Score: 1

    And Android is the clear winner, with iOS a good second. I don't see more than 2 major OSes on this market. Other OSes will only remain alive when they are developed for free, or when big companies are willing to compensate the losses (Samsung with Tizen and Microsoft with Windows Phone).

    1. Re:The phone OS wars are settled by invictusvoyd · · Score: 1

      Other OSes will only remain alive when they are developed for free, or when big companies are willing to compensate the losses (Samsung with Tizen and Microsoft with Windows Phone).

      Or else if you shove them down the users throat

    2. Re:The phone OS wars are settled by Anonymous Coward · · Score: 0

      That's what they used to say about Symbian....

  13. Looks like spurning the US was bad after all. by sethstorm · · Score: 1, Flamebait

    Perhaps if they actively courted the US market, they wouldn't be in this mess.

    --
    Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
    1. Re:Looks like spurning the US was bad after all. by Anonymous Coward · · Score: 0

      They'd get fucked by the patent trolls. They couldn't afford the US market. You need huge huge sales or a US company which will get jury sympathy to cover for you.

  14. Re:I had a N9The N900 was the best phone I ever ha by Anonymous Coward · · Score: 2, Insightful

    And Maemo was *much* better than the shitty android I'm using now!
    I had the same spreadsheet I've used on my desktop, similar editors, fantastic app switching, a browser that actually loaded website in the background windows (to this day I have to wayit when I switch tabs in android: yack!

    In a word: it was fantastic!

    I still miss it. The only thing better now is my wacom stylus: *much* better than the one in the N900 ;)

  15. maybe, just maybe.. by Anonymous Coward · · Score: 0

    the Brazilians were tired of those jewish parasites sucking the life out of their country?

    1. Re:maybe, just maybe.. by Anonymous Coward · · Score: 0

      > the Brazilians were tired of those jewish parasites sucking the life out of their country?

      No, we're not tired of them. Some are jerks and a few jewish girls are incredibly hot. All in all, no different from other ethnic groups IMHO.

      They're welcome here, if they so wish. We got Arabs here, and they're ok, too.

  16. pity by Anonymous Coward · · Score: 0

    it's a pity, I recently got a jollaphone and I'm very surprised and entusiastic about this Operating System. I can say without regrets that's the best phone (and phone OS) I've had in my life.
    As usual in IT, having a good product means nothing if you don't have the power to fight monopolies.

  17. Nexus 5P - 5X by jcdr · · Score: 1

    Sorry, in the previous comment I have wrote "Nexus 5P" while I must have wrote "Nexus 5X". I was confused by the Nexus 6P, but the one I own is the Nexus 5X. That said, I don't think this will affect the observations.