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Microsoft to cut 7,800 jobs at mobile phone business

2015-07-08 16:27:00| Telecompaper Headlines

(Telecompaper) Microsoft has confirmed plans to cut up to 7,800 jobs, mainly at its mobile phone business. In addition, the company will take an impairment charge of USD 7.6 billion to write down the value of the phone business acquired from Nokia last year. The restructuring is expected to cost another USD 750-850 million. Microsoft CEO Satya Nadella said in an email to staff that the restructuring is aimed at better integrating the phone business in the Windows ecosystem, rather than a standalone device operation. "In the near-term, we'll run a more effective and focused phone portfolio while retaining capability for long-term reinvention in mobility," he said, suggesting the company will scale back further the range of phones available. Microsoft said most of the restructuring should be completed by the end of the calendar year and the operation fully completed by the end of the company's fiscal year. This is the second major round of job cuts at Microsoft since it acquired the Nokia business. In July last year, the company announced the elimination of in total 18,000 positions. 

Tags: business phone jobs mobile

 

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

 
 

Google, Microsoft, Apple execs among those topping the wireless industry's pay scale

2015-07-07 21:44:35| Wireless - Topix.net

While executives at AT&T and Verizon Wireless were traditionally the highest paid in the wireless industry, a new report from FierceWireless reveals that the compensation trend in 2014 shifted toward Google , Microsoft , Apple and Qualcomm . Phil Goldstein, editor of FierceWireless , said that the reason for the shift was stock awards, which made up much of the compensation for the executives from Google, Microsoft, Qualcomm and Apple.

Tags: google pay microsoft scale

 

Microsoft renames Xbox Music as Groove, Video as Movies & TV

2015-07-07 08:50:00| Telecompaper Headlines

(Telecompaper) Microsoft announced on the Windows Blog that it is rebranding Xbox Music as Groove and Xbox Video as Movies & TV as part of the launch of Windows 10. The change will first be seen on Windows 10 PCs before it is rolled out to other devices in the coming months. The ad-free Groove Music Pass subscription costs USD 9.99 a month or USD 99 a year for complete access to stream and download music from Windows Store. Subscribers can also create custom radio stations based on favourite songs, albums and artists. Current Xbox Music Pass holders will be automatically switched to Groove. The Movies & TV app in Windows 10 allows users to play their personal videos, films and TV shows. More file format support has been added, including .mkv files. Movies & TV integrates directly with Windows Store, offering films and TV shows for rent or purchase. New releases are added weekly and TV shows are available a day after they air. Windows Insiders who are a part of the Fast ring and upgrade to the next PC build will see these updates in the Store beta first, while remaining customers will have these updates with Windows 10 starting on 29 July.

Tags: video music tv movies

 

Microsoft Xbox Music Renamed 'Groove'

2015-07-07 02:02:13| PC Magazine MP3 Player Product Guide

You'll see the new moniker first on Windows 10 PCs before they roll out to other devices in the "coming months"

Tags: music microsoft xbox groove

 

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