posted by David Adams on Wed 8th Jul 2015 16:16 UTC, submitted by mbpark
IconIn a move that shouldn't surprise OSNews readers that much, Microsoft is writing off most of what it acquired from Nokia less than two years ago and will be laying off 7,800 people in its hardware division. According to Ars: "The hardware division includes the lion’s share of former Nokia employees, who became part of Microsoft last year. Former Nokia CEO Stephen Elop is leaving--this much we knew from last month--and Reuters says that Microsoft is also going to record an "impairment charge" of $7.6 billion dollars from the Nokia acquisition and perform a complete restructuring of its phone business. It's a shame, considering that Windows Phone has actually shaped out to be a pretty good OS, and a mobile OS landscape with only two players is good for neither consumers nor OS enthusiasts.
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