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:
  • Microsoft to cut 1,850 jobs at struggling former Nokia smartphone unit
    The company said on Wednesday it expected to cut all 1,350 jobs at its Finnish mobile phone unit and close down a research and development site in the country. A further 500 jobs will go in other countries, it said, without giving details. “We are ...
    05/25/2016 - 1:44 pm | View Link
  • Microsoft to Cut Jobs, Take $7.6 Billion Writedown on Nokia
    The business already had cut more than 10,000 jobs. The writedown -- to be taken in the company ... was little changed at $44.24 at the close in New York. Before it's here, it's on the Bloomberg Terminal.
    07/7/2015 - 10:11 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 - 3:08 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 - 12:06 am | View Link
  • Troubled Nokia to cut 10,000 jobs by end of 2013
    HELSINKI (AP) – Nokia Corp. will lay off 10,000 of its 130,000 employees globally and close plants by the end of 2013, the company said Thursday, in a further drive to save costs. The cuts mean that it will close some research and development projects ...
    06/13/2012 - 10:01 pm | View Link
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  • Microsoft to cut about 2,800 more jobs
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  • Microsoft To Cut Nearly 3,000 More Jobs | The Huffington Post
    Microsoft Corp said it would cut about 2,850 more jobs over the next 12 months, taking its total planned job cuts to up to 4,700, or about 4 percent of its workforce.
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