SUMMARY
This is AI generated summarization, which may have errors. For context, always refer to the full article.
Microsoft announced May 25 it would let go up to 1,850 employees and a Finnish union called it the end of the company’s smartphone manufacturing business, bought from Finnish telecom equipment maker Nokia. Microsoft “will not be manufacturing (phone) devices, at least for the time being. It will do software, however,” said Microsoft’s chief shop steward in Finland, Kalle Kiili. Microsoft said the move would result in “an impairment and restructuring charge of approximately $950 million” (852.6 million euros) for the company.
Read the full story on Rappler Technology.
Add a comment
How does this make you feel?
Loading
There are no comments yet. Add your comment to start the conversation.