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Microsoft to cut 7,800 jobs, takes $US7.6b writedown on Nokia

2015-07-09 11:15:11| Wireless - Topix.net

'Tough choices have to be made': Buried deep in Microsoft chief executive Satya Nadella's 1,500-word email to staff last week was a warning. Microsoft plans to cut as many as 7,800 jobs and write down about $US7.6 billion on its Nokia phone-handset unit, wiping out nearly the entire value of a business that failed to gain market share since it was acquired last year.

Tags: jobs takes microsoft cut

 

Microsoft to cut 7,800 jobs, takes $US7.6b writedown on Nokia

2015-07-09 00:01:52| Telecom - Topix.net

'Tough choices have to be made': Buried deep in Microsoft chief executive Satya Nadella's 1,500-word email to staff last week was a warning. Microsoft plans to cut as many as 7,800 jobs and write down about $US7.6 billion on its Nokia phone-handset unit, wiping out nearly the entire value of a business that failed to gain market share since it was acquired last year.

Tags: jobs takes microsoft cut

 
 

Microsoft in $7.6bn Nokia writedown, 7,800 jobs to go

2015-07-08 02:00:00| Total Telecom industry news

Software giant expects restructuring costs of up to $850 million as it looks to integrate phone business more closely with its Windows ecosystem.

Tags: to jobs microsoft nokia

 

Edrington posts FY profits drop as Brugal suffers new write-down

2015-06-29 16:05:48| Daily beverage news and comment - from just-drinks.com

Edrington has posted a drop in full -year profits after its second write-down in three years for its Brugal rum brand.

Tags: new posts drop profits

 

Writedown Risk Means Japan Trading Houses to Depend on Dividends

2015-04-27 01:51:43| Food - Topix.net

Japan's top five trading houses have announced more than $4.8 billion in asset writedowns, or about half the net income the firms expect to report for last year. And that's probably not the end of it.

Tags: means japan risk trading

 

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