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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
Vodafone announces 200 new jobs for Dublin
2015-07-08 13:44:22| Telecom - Topix.net
It is supported by the Departments of Jobs, Enterprise and Innovation through IDA Ireland, and recruitment for the new jobs is already underway. Taoiseach Enda Kenny said: "The creation of 200 new jobs by Vodafone, with this significant investment in a new European sales centre, is a vote of confidence in Ireland's economy.
Tags: jobs
dublin
announces
vodafone
Semiconductor sales are up, Arizona jobs for industry down
2015-07-08 08:54:15| Agriculture - Topix.net
Regional semiconductor sales for America increased 11.4 percent, the highest of any market, beating the China and Europe markets, according to a recent monthly report by the Semiconductor Industry Association . Globally, the semiconductor industry had sales of $28.2 billion in the month of May, up 5.1 percent from last year at $26.8 billion.
Tags: down
jobs
sales
industry
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.
Furniture Factory Outlet to move headquarters, 64 jobs to Fort Smith
2015-07-07 23:45:17| Appliances - Topix.net
Furniture Factory Outlet is moving its corporate headquarters from Muldrow to Fort Smith, locating operations in a 180,000-square-foot part of a former Whirlpool warehouse that is now owned by Spartan Logistics. "Moving our operations to Fort Smith provides the strategic foundation for our aggressive long term growth plans, and further builds on our commitment to Arkansas.
Tags: jobs
move
smith
furniture
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