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Sailfish OS Maker Jolla: Funding Delay Results in "Temporary Layoffs"

posted by cmn32480 on Sunday November 22 2015, @07:27PM   Printer-friendly
from the Finnish-or-finished? dept.

"gewg_" writes:

The woes continue for Jolla, the Finnish producer of mobile devices and the Sailfish mobile operating system.

Tech.eu reports

The company just announced (PDF) that its latest financing round--which was scheduled to conclude at the end of this month--has been postponed indefinitely.

Jolla says it needs to "adjust its operations accordingly", which means it will temporarily lay off a big part of its staff, starting in December. The Helsinki-based company has also filed for a debt restructuring program in Finland to stay afloat.

[...] Reportedly, half of Jolla's 100 employees will be let go.

[...] Earlier this year, the company split in two, effectively separating (PDF) its software and licensing business from its mobile devices business.

Jolla says its Sailfish OS has "reached commercial maturity" and is ready to be licensed to commercial partners, primarily other device manufacturers.

[...] Antti Saarnio, chairman and co-founder of Jolla, [...] remains convinced that Sailfish OS is "worth fighting for" and believes Jolla can still become a profitable venture, hence the corporate restructuring program.

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  • (Score: 2) by Celestial on Sunday November 22 2015, @08:45PM

    by Celestial (4891) on Sunday November 22 2015, @08:45PM (#266627) Journal

    Unfortunately, there's only enough room for two mobile OSs, and Android and iOS are it. With the bad to mediocre reviews of the new flagship Microsoft Lumia 950 smartphone, Windows is done on the mobile side. Blackberry is on its way. Jolla appears to be next, and honestly their decision to not make hardware for the North American market hurt it. It's now at the point where your smart device runs Android or iOS or bust.

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  • (Score: 2) by takyon on Sunday November 22 2015, @08:56PM

    by takyon (881) <takyonNO@SPAMsoylentnews.org> on Sunday November 22 2015, @08:56PM (#266632) Journal

    Isn't Blackberry some kind of curated Android now?

    https://en.wikipedia.org/wiki/BlackBerry_Priv [wikipedia.org]

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  • (Score: 2) by Gravis on Sunday November 22 2015, @10:43PM

    by Gravis (4596) on Sunday November 22 2015, @10:43PM (#266667)

    there's only enough room for two mobile OSs

    horseshit! pulling an assertion out of your ass doesn't make it true.