The latest Microsoft layoffs, which are misleadingly being framed by the corporate media as a "Nokia" thing [1, 2, 3], have financial impact as well. Microsoft has just publicly admitted that it is losing billions of dollars.

"Recall how Microsoft bribed its own staff (a whistleblower) after getting caught in financial fraud..."British media claims this to be "biggest loss in [Microsoft] history", but the biggest losses are perhaps in the past, as there's fraud that is many years old. We have written a lot about Microsoft's financial misconduct for many years. It is not speculative. Recall how Microsoft bribed its own staff (a whistleblower) after getting caught in financial fraud [1, 2] -- an often-overlooked issue these days (Microsoft is claimed to have lost $18,000,000,000 in 1998). This may seem like very old news, but it is definitely relevant to today’s massive Microsoft losses. Microsoft has paid millions of dollars to gag several CFOs since then. They must keep up the dodgy accounting.

Nokia is destroyed because of Microsoft, but Microsoft's losses aren't to be blamed on Nokia. What kind of a Nokia "CEO" is being appointed with the formalised promise of a $20 million bonus to sell the company? Only Microsoft's Elop, probably the world's most famous mole, managed to do this together with Ballmer. Microsoft now pays the price for misguided entryism that has achieved nothing but destruction of Nokia's Linux efforts. ⬆