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Opera's profit drops, company cuts 5% of employees

Company Opera Software, developer of Opera browser for mobile devices and personal computers, expects low financial performance in the current year. Because of this, 70 employees worldwide will be cut short.



Opera Software was created in 1995 by a group of researchers, former employees of the telecommunications company Telenor. The company receives payments from manufacturers of mobile devices, consoles and consoles, from content providers for installing a search engine in a browser and from telecom operators for helping to increase mobile traffic.



In March 2015, Opera Software published a quarterly financial report , according to which real revenue and profit were lower than expected. From 2015, the company is again waiting for low financial results. According to E24, the reason for this will be the weakening of the ruble, and the result - a reduction of 5% of the company's employees.



As of April 2015, Opera Software employs 1,500 people, 70 of whom will be fired with a 7-month salary and refresher courses paid by a former employer.

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In 2014, half of the users of mobile devices with Opera browser had a smartphone. In 2015, the company expects to increase them. The total number of browser users with Android devices is 130 million. The company has entered into strategic partnership agreements with Micromax , Microsoft and BLU handset manufacturers. Opera Max browser installed on smartphones Xiaomi .



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Source: https://habr.com/ru/post/289862/



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