<story><title>Microsoft to Cut 2,850 More Jobs in Exit from Phone Business</title><url>http://www.bloomberg.com/news/articles/2016-07-28/microsoft-to-cut-2-850-more-jobs-in-exit-from-phone-business</url></story><parent_chain><item><author>jtrip</author><text>The best part, Nokia gets shafted in all of this. Nokia got dragged along in this clown show and we lose out on getting great hardware. Not to mention the software side of things that drowned as Nokia got torpedoed. Here&amp;#x27;s hoping they can rise from the ashes again. Maybe their spin off services like here maps are a sign of life.&lt;p&gt;Edit: Maybe I speak from a position of ignorance about the industry. But I also remember thinking how greatly awesome it would have been if I could run Android on the new Lumia hardware. I also remember the fact that Nokia was worth 30 bn before the new ceo, ex microsoft employee, came in and within years it was left worth 9 bn; pop culture facts I suppose.</text></item></parent_chain><comment><author>pavlov</author><text>Nokia didn&amp;#x27;t get shafted. They got $7.2 billion USD for the phone unit that was losing money at an incredible rate in 2013. They used that money to buy Alcatel-Lucent and now they&amp;#x27;re a major force in networks.&lt;p&gt;I honestly believe Nokia would have been bankrupt by now if Microsoft hadn&amp;#x27;t bailed them out. And if Nokia hadn&amp;#x27;t adopted Windows Phone, they wouldn&amp;#x27;t have had Ballmer&amp;#x27;s ear to convince him to sign on such a bad deal. Elop deserves more recognition for this manoeuvre than he gets.</text></comment>
<story><title>Microsoft to Cut 2,850 More Jobs in Exit from Phone Business</title><url>http://www.bloomberg.com/news/articles/2016-07-28/microsoft-to-cut-2-850-more-jobs-in-exit-from-phone-business</url></story><parent_chain><item><author>jtrip</author><text>The best part, Nokia gets shafted in all of this. Nokia got dragged along in this clown show and we lose out on getting great hardware. Not to mention the software side of things that drowned as Nokia got torpedoed. Here&amp;#x27;s hoping they can rise from the ashes again. Maybe their spin off services like here maps are a sign of life.&lt;p&gt;Edit: Maybe I speak from a position of ignorance about the industry. But I also remember thinking how greatly awesome it would have been if I could run Android on the new Lumia hardware. I also remember the fact that Nokia was worth 30 bn before the new ceo, ex microsoft employee, came in and within years it was left worth 9 bn; pop culture facts I suppose.</text></item></parent_chain><comment><author>megablast</author><text>You can&amp;#x27;t blame Microsoft for Nokia, Nokia screwed themselves over. They never considered the importance off software, hardware was always number one for Nokia. Even when the iPhone came out they laughed and didn&amp;#x27;t change tack.&lt;p&gt;They had all the money, all the opportunity, and they thought if they keep pumping out the same stuff, people will stay with them.</text></comment>