Should Microsoft Sell Nokia To Lenovo?
There had been rumors swirling of impending layoffs, but Microsoft Corporation (NASDAQ:MSFT)'s announcement that it would cut 18,000 positions was bigger than anyone expected. That’s 12,500 positions related to Microsoft’s acquisition of Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) earlier this year, and another 5,500 from various underperforming segments such as Xbox Studio. But if the goal is to reallocate cash . . .
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