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   
ASK NEWS:
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BING NEWS:
  • 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
  • Nokia to cut 10,000 jobs by end of 2013
    Nokia will lay off 10,000 jobs globally and close plants by the end of 2013 in a further drive to cut costs, the company said on Thursday. The cuts mean that it will close some research and development projects, including in Ulm in Germany and Burnaby in ...
    06/13/2012 - 10:35 pm | View Link
  • Nokia to cut 3,500 jobs, close Romania plant
    The company said it would close the Cluj factory in Romania which opened just ... Nokia said a further 1,300 jobs would be cut at its Location & Commerce business unit, which includes the world's largest digital mapping business Navteq.
    09/29/2011 - 6:35 am | View Link
  • Nokia to cut 3,500 jobs, close Romania plant
    Chief executive Stephen Elop, who took over at Nokia a year ago, unveiled the plans which include a factory closure and a new executive chairman for telecom gear joint venture Nokia Siemens Networks, on Thursday. The company said it would close the Cluj ...
    09/29/2011 - 6:35 am | View Link
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BING SEARCH:
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    Nokia Oyj is a Finnish multinational communications and information technology company. Headquartered in Espoo, Uusimaa, in the greater Helsinki metropolitan area, As ...
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  • Nokia Enhances Offerings, Cuts Vital Deals: Should You Buy ...
    On Oct 8, 2014, Zacks Investment Research upgraded Finnish telecommunication company Nokia Corporation (NOK) by a notch to a Zacks Rank #2 (Buy). Why the ...
    10/10/2014 - 12:55 pm | View Website
  • Finland sees red as 18,000 Microsoft job cuts hurt Nokia ...
    Microsoft's attempt to better itself harms thousands in Finland as the tech company announces its intent to lay off employees at Nokia's previous holdings in a ...
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