Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

Saturday, October 15, 2011

Google Q3 profits beat estimates, 190M Androids activated - GSMArena.com news


14 October, 2011
Larry Page, who not so long ago took over as Google's CEO, handed in the company's Q3 financial results with a big smile on his face. Revenues were up 33% Year-on-Year (YoY) to $9.72 billion.
Of that cool 31% transferred into operating income ($3.06 billion) and 24% ($2.21 billion) went to advertisers. The same numbers for last year's Q3 were 35% ($2.55 billion) and 26% ($1.81 billion).




Thursday, September 29, 2011

Nokia to close its Romanian factory by the end of the year - GSMArena.com news


29 September, 2011 
 
Nokia re-organization continues and the next step hits the workforce and operations. Nokia has just announced it will close its factory in Romania by the end of this year and will focus on re-organizing its other factories outside Asia - in Salo, Finland; Komarom, Hungary; and Reynosa, Mexico.
Closing the factory in Cluj, Romania, will leave approximately 2200 people unemployed. Nokia promises to help those people find new jobs though.

Additional 1300 employees from Location & Commerce (NAVTEQ, Social services, etc) Nokia division will be affected by those reorganizations. Those are spread around the world through Berlin and Bonn in Germany; Boston, Chicago and Malvern in USA; and even more cities. Nokia will close the sites in Bonn and Malvern, while the rest will be probably reduced.