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Posts: 285 | Thanked: 1,900 times | Joined on Feb 2010
#5279
Additionally, Jolla has exited the restructuring process:

http://www.tivi.fi/Kaikki_uutiset/jo...a-pois-6532696

So, they have managed to secure funding and reached an agreement with major creditors, so debts won't be cut (li they would in restructuring/chapter 11 type of thing) but there will be more flexibility in arranging them. Some people that left the company have returned and they are hiring. Remains to be seen how long it will take to get things back on track and how much of recent slowdown is permanent...