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HMD Global Confirms Significant Scale-Back of US Operations

HMD Global Confirms Significant Scale-Back of US Operations

HMD Global Confirms Significant Scale-Back of US Operations HMD Global, the company behind Nokia-branded smartphones, has announced a major reduction in its United States operations. Citing a “challenging geopolitical and economic environment,” the company confirmed its decision to scale back its presence in the US market. The move signifies a strategic shift for HMD, which has been navigating a complex global landscape. Despite the significant cutbacks, the company assures customers that all existing obligations, including warranty coverage and service for…

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Microsoft Announces Major Layoffs, Impacting 9,000 Jobs and Key Xbox Game Projects

Microsoft Announces Major Layoffs, Impacting 9,000 Jobs and Key Xbox Game Projects

Microsoft Announces Major Layoffs, Impacting 9,000 Jobs and Key Xbox Game Projects Microsoft has initiated a significant workforce reduction, affecting 9,000 employees across various departments, including its prominent Xbox gaming division. The widespread layoffs, which commenced Wednesday morning, are impacting developers across multiple studios and have led to the cancellation of several anticipated game titles. Despite Microsoft Gaming CEO Phil Spencer’s recent remarks about increased player engagement, the gaming sector is experiencing substantial cuts. Reports confirm the closure of Perfect…

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