Believe me it could be even worse.
When MS bought the company I worked for we had several phases...
a) MS didn't buy the company, a number of us had share options that converted to cash on company purchase. So what MS did was to buy all the IP and transfer all of us to MS, neatly leaving a shell company 'on the shelf' with zero value. Sure we could convert those share options to cash, but the cash equivalent for a zero value company was zero, tough luck. If you want any value stick with us 3 years...
b) MS then made us all 'happy' with a decent package while they implanted many of their own managers into senior positions and routed out the 'real value' in terms of people, skills and snippets of code.
c) MS then closed everything down with gagging orders on those who took redundancy (I didn't I took a move then resigned).
The process took about under 3 years to complete, a decent product was scrapped, 85% of the workforce redundant, the original company destroyed with nothing left for any silly enough to hope for a future....
For Nokia I suspect the process will be a little slower.
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