Well, you may say layoffs, but the announcement describes it as the company continuing “to increase cost-efficiency and adapt to market situation”. Either way, approximately 1,700 employees are affected, and this time the company’s Devices and Markets units are included. It follows more gloomy predictions for handset sales in 2009, with estimates of how far the market is likely to slump now verging nearer the 10% mark.
Tools: platforms to help you reach new audiences
Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…