Nokia To Cut 10,000 Jobs And Close 3 Facilities

The Finnish company, struggling to restart its mobile phone business with Microsoft, also said it would post a wider loss in the second quarter.

Topics:  finnish   microsoft   
BING NEWS:
  • Nokia to close Burnaby centre as part of 10,000 jobs cut
    The news came as part of Nokia’s announcement that it would cut 10,000 jobs globally, shut plants by the end of 2013 and close some research and development projects including one in Burnaby. “They were all surprised,” said developer Satish Sekar ...
    05/17/2015 - 9:00 pm | View Link
  • Nokia’s Technologies Unit Reportedly Planning To Cut More Jobs
    This time around though, the cuts are likely to be much less severe, with only around 70 jobs from Nokia Technologies likely ... The announcement of this latest round of job cuts comes close on the heels of news that Nokia’s quarterly profits for Q1 ...
    05/14/2015 - 4:16 am | View Link
  • Nokia revises long-term strategy in patent-licensing unit, will cut jobs as a result
    Nokia (NYSE:NOK) said it is shifting its long-term strategy for its Nokia Technologies unit and will cut up to 70 jobs as a result ... The unit employs around 650 people globally and close to 400 in Finland, Reuters noted. However, that Nokia is shifting ...
    05/13/2015 - 4:59 am | View Link
  • Nokia to Cut 10,000 Jobs and Close 3 Facilities
    BERLIN — Nokia said Thursday it would slash 10,000 jobs, or 19 percent of its work force, by the end of 2013 as part of an emergency overhaul that includes closing research centers and a factory in Germany, Canada and Finland, and the departures of three ...
    06/14/2012 - 5:55 pm | View Link
  • Nokia planning to cut 10,000 jobs, close plants
    Helsinki — Nokia Corp. will lay off 10,000 jobs globally and close plants by the end of 2013, the company said Thursday, in a further drive to save costs and streamline operations. "These planned reductions are a difficult consequence of the intended ...
    06/14/2012 - 3:39 am | View Link
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