May 31, 2016

Smartphone continue to crash - Company sadden

Microsoft company is expected to lay off almost 2000 persons after devastating acquisition of Nokia’s smartphone business as it drowns on the software giant that it’s never going to make progress in the market industry.

Intel and Microsoft are considered that they might stitch up the smartphone business as properly as they managed the Computer business. 

Microsoft recent statement that it will lay off 1,850 people follows on Intel announcement just couple weeks back that they would lay off 11% of people.


ALSO CHECK: STC and Nokia do a test of Technology to deliver a LTE-like performance to Wi-Fi

These giant companies have taken a while to get up to the unpleasant reality that neither of them really matter in the least in an industry focused by low-priced chips and improved products.

Two years ago, Microsoft bought Nokia’s smartphone business for $7.2 billion and last year they cut nearly 8,000 jobs.

The most recent work cuts will come in Finland and the $950 million it produces off today, meaning it has to pay nearly a quarter of the sum bills.

A week ago, Microsoft company reported it would sell off a portion of its phone business to a section of Taiwanese manufacturer giant Foxconn.

Hopefully, there are no more job cuttings, many people seeking a decent job.

What is your thought about this issue? Share it below at the comment section.

0 comments:

Post a Comment