Nokia to cut another 330 R&D jobs

Apple Online Store“Nokia on Friday said it would cut 330 jobs in its research and development group. The reductions are spread between an office in Oulu, in Nokia’s native Finland, as well as in Copenhagen,” Electronista reports.

The reductions bring Nokia’s total job cuts to over 2,300 following over 1,700 jobs lost earlier this year. It has often explained these as necessary due to the economy but is partly mirroring its own struggle to compete,” Electronista reports.

“It has lost smartphone market share and is generating less profit than Apple despite selling roughly ten times or more phones each quarter,” Electronista reports. “Most of Nokia’s cellphone sales now skew towards inexpensive devices and are rarely as profitable as the iPhone.”

Full article here.

MacDailyNews Take: Stick a fork in them, Nokia’s done.

We’ve had one of these before, when the dot-com bubble burst. What I told our company was that we were just going to invest our way through the downturn, that we weren’t going to lay off people, that we’d taken a tremendous amount of effort to get them into Apple in the first place — the last thing we were going to do is lay them off. And we were going to keep funding. In fact we were going to up our R&D budget so that we would be ahead of our competitors when the downturn was over. And that’s exactly what we did. And it worked. And that’s exactly what we’ll do this time. – Apple CEO Steve Jobs, February 2008

21 Comments

  1. Sad to see bosses who don’t get it! (Whoa! Did I say that? LOL! Well, it is sad and so many don’t get it!)

    Cut the sales force and the bean counters before the creative people.

    Reminds me of the shop down the street. Big sign in the window: “CLOSED UNTIL BUSINESS PICKS UP”.

  2. 330 R&D;jobs? what does that means “R&D;” for Nokia? I know that is “Research and Development” for Apple, but I don’t think Nokia or Microsft has a department for that since they just copy and modify their products.. ” width=”19″ height=”19″ alt=”smile” style=”border:0;” />

  3. There you go. Freekin’ genius! Cut the people who can bring you out of the hole you dug yourself into.

    No R&D;means crappy new products. What are you people smoking?

    Goodbye Nokia! Good riddance!

    Idiots!

  4. “Nokia’s cellphone sales now skew towards inexpensive devices and are rarely as profitable as the iPhone.”

    That’s it! Follow the example of Dell, that always works! ” width=”19″ height=”19″ alt=”smile” style=”border:0;” />

  5. Their research staff haven’t done them that much good the last few years. On the other hand, the first ones that should be fired are Nokia’s CEO and other senior management. Of course, the board are mostly his buddies, and they only hear his spin on matters.

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