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DankyDave
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Microsoft To Lay Off Another 2,850 People In the Next 12 Months

An anonymous reader writes from a report via Business Insider: Microsoft is planning to lay off 2,850 more employees in the next 12 months or so, according to Microsoft's full 10-K report it filed with the Securities and Exchange Commission. Part of the document reads: "In addition to the elimination of 1,850 positions that were announced in May 2016, approximately 2,850 roles globally will be reduced during the year as an extension of the earlier plan, and these actions are expected to be completed by the end of fiscal year 2017." Business Insider reports: "The first 1,850 layoffs mentioned here were mainly from Microsoft's struggling smartphone business, including 1,350 employees in Finland working at what was once Nokia world headquarters. These layoffs also included people in Microsoft's salesforce, which was recently reorganized and saw the departure of COO Kevin Turner. In total, Microsoft laid off 7,400 employees in its last fiscal year, which ended on June 30th, 2016. The new layoffs are a continuation of the same plan, and include the sales group as well as others. About 900 people affected by the new layoffs were already informed during the sales reorganization, according to a person familiar with Microsoft's plans."

Read more of this story at Slashdot.

Samsung Beat Apple In Smartphone Shipments, Profit Surges To 2-Year High

An anonymous reader writes: Earlier reports speculated this to be true, but now it's official: Samsung has beat Apple in smartphone shipments to lift the company to its most profitable quarter in over two years. The Hindu reports: "Riding on the strong sales of its Galaxy S7 and Galaxy S7 Edge smartphones, Samsung Electronics on Thursday declared 8.14 trillion won ($7billion) year on-year operating profit -- 18 percent in the second quarter results. Touted as bad news for Apple that saw a 15 percent decline in iPhone sales in its second quarter results announced this week, Samsung saw substantial earnings improvement led by sales of its flagship products such as Galaxy S7 and S7 edge. A streamlined mid-to low-end smartphone lineup also contributed to improved profitability for the company. According to Samsung, it shipped about 90 million handsets in the April-June period with smartphones making up more than 80 per cent of the total, the Korea Herald reported. Samsung's second-quarter smartphone shipments are estimated at about 72 million units, almost doubling Apple's iPhone shipments of 40.4 million units during the same period."

Read more of this story at Slashdot.

 

DankyDave says Keep the Funk Alive!

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At 9:14pm on March 19, 2009, DRUGS said…
GOD BLESS AMERICA
At 8:49pm on March 1, 2009, Sinnamon Jones said…
Haha! Gotta love the king!
At 6:04pm on February 25, 2009, Trippin Billie said…
Jerry is the man had a sheet of blotter with a similair photo, peace, Billie
At 1:54pm on February 8, 2009, Fishnet Jones said…
Many funky, good times...indeed.
At 9:17am on February 5, 2009, Chuck said…
Nice Jerry Picture haven't seen that one before

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