Nokia Plans To Cut 10,000 Jobs

By Tarmo Virki PARIS (Reuters) - Loss-making Finnish cellphone maker Nokia plans to cut another 10,000 jobs globally in its biggest revamp in recent history, while it warned the second-quarter loss from its cellphone business would be larger than expected. The cuts, which include the closure of Nokia's only plant in Finland, bring total planned job cuts at the group since Stephen Elop took over as chief executive in 2010 to more than 40,000.

Topics:  tarmo virki paris reuters     loss-making finnish   finland   stephen elop   shares   apple   samsung   ben wood   ccs   insight   vertu   eqt    editing   david holmes   james regan    nokia   jobs   percent   euros   billion   phone   million   business   cuts   cash   cellphone   
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