Yes, please do your own research and read on how the Nokia's board of Directors saw the memo as an act of misjudgement and how Chairman Jorma Ollila gave bitter

Yes, please do your own research and read on how the Nokia's board of Directors saw the memo as an act of misjudgement and how Chairman Jorma Ollila gave bitter feedback for it at a board meeting. During Elop's tenure, Nokia's stock price dropped 62%, their mobile phone market share was halved, their smartphone market share fell from 33% to 3%, and the company suffered a cumulative €4.9 billion loss