With an acquisition of this size there are going to be redundant people, and as Nokia was headed towards going out of business, everyone would have lost their job instead of just half.
I think it's pretty tone deaf in a letter to employees. But tomato/tomato I guess.
I didn't say anything about keeping redundant positions, just that he wants to raise the bar for results, and I feel like this release only hurts that effort.
I'm not aware of any great turnarounds that began with "look, we're here for the share-holders". (I'm sure for good or ill they're out there, but they haven't come to my attention for whatever reason).
It's just about the exact opposite of other famous turnarounds based on the "it's the product stupid".
I don't know... I just feel like there's a lost opportunity here. Morale is going to suffer regardless. That doesn't mean you have to make it worse by being tone-deaf.
I do like the line about "the respect they deserve" without qualifier. It adds a bit of humanity to the whole thing.
But not enough overall IMO. It really leaves me with the impression that this is just typical corporate speak trying to put the stock price ahead of the mentions of "design and technical innovation".