Tag Archives: 7800

Microsoft Writes Down $7.6B Of Its Nokia Acquisition, Proclaims 7,800 Layoffs

Microsoft’s signaled and anticipated goodwill impairment, referring to its earlier buy of nearly all of Nokia’s hardware belongings, passed off this morning — with the software program firm erasing $7.6 billion from its books. The agency’s efforts to elbow into first-celebration hardware have subsequently acquired an enormous setback, writing down

Microsoft to shed an extra 7,800 jobs

After slicing its workforce by round 18,000 over the previous yr, Microsoft is readying one other spherical of heavy layoffs. The corporate will minimize 7,800 jobs over “the subsequent a number of months.” Most of the dismissals will come from Microsoft’s telephone enterprise, which joined