Bonum Certa Men Certa

Microsoft is Unloading Divisions, Many Employees Leave

Summary: Layoffs not needed when Microsoft can just sell away its staff, as it currently does

AMID layoffs and financial issues (Microsoft reported losses last year) there is a path of dead projects left behind. Sony-Ericsson, which already sues Android players [1, 2], is taking another part of Microsoft that Microsoft unloads:



Ericsson AB (ERICB) agreed to buy Microsoft Corp. (MSFT)’s Mediaroom business, adding software used by phone companies to deliver television over the Internet.

Mediaroom, based in Mountain View, California, has more than 400 employees globally and will help Ericsson be the largest provider of IPTV technology, with a market share of over 25 percent, Ericsson said today in a statement. The value of the deal wasn’t disclosed.


So we don't know how much cash Microsoft raised by unloading about half a thousand employees.

Recent Techrights' Posts

"Security Advantages" Explained by a Scammy "Security" Site That Uses LLMs to Spew Out Garbage
destroying the Web by saturating it with "bullshit".
Over at Tux Machines...
GNU/Linux news for the past day
 
SDxCentral, which the Linux Foundation Paid to Produce Marketing SPAM, Has Now Become Slop (LLM Spew) Disguised as 'Articles'
Google should delist it
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Saturday, October 12, 2024
IRC logs for Saturday, October 12, 2024
Links 12/10/2024: More Site Blocking, China's Hostility, and Evan Gershkovich's Upcoming Book
Links for the day
Links 12/10/2024: Boeing to Cut 17,000 Jobs, Medieval Sleeping Habits, Warning About Liquidweb
Links for the day
Links 12/10/2024: Health, Safety and Climate Concerns
Links for the day
Gemini Links 12/10/2024: Ensemble and Assembler
Links for the day
Links 12/10/2024: TikTok Layoffs and Risk of More Wars
Links for the day
IRC Proceedings: Friday, October 11, 2024
IRC logs for Friday, October 11, 2024
Gemini Links 11/10/2024: Against Cynicism, on Atheism, and Dropping Off The Internet
Links for the day
IBM Employees Smell Another Wave of Mass Layoffs (and Explain the Signs)
IBM currently has the policy of hiding the layoffs from shareholders and from the press using NDAs
Links 11/10/2024: Lots More Censorship and Growing Concerns About Health Impact of Social Control Media
Links for the day
Going Almost 4.5 Decades Back to Find 'Dirt' on a Person
That incident was 42.5 years ago. Is that how far some people would go in an effort to discredit a person?
XBox is Dead. This is Just the Beginning.
the main reason Microsoft bought Activision/Blizzard was to hide the growing losses and failure of XBox
The Risk to the "Linux" Brand
Brands that are not guarded from misuse/abuse will inevitably lose their original meaning and their value
Gemini Links 11/10/2024: Deploying Common Lisp Programs and Examining FreeBSD
Links for the day
Links 11/10/2024: Discord Still Blocked in Turkey, Google Might be Split
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Thursday, October 10, 2024
IRC logs for Thursday, October 10, 2024