Beleaguered Nokia to shed 7,000 employees

“Mobile phone manufacturer Nokia has announced it will shed 7,000 jobs from next year as part of a plan to refocus the company on smartphones,” BBC News reports.

“The firm said 4,000 jobs worldwide would be cut – including a total of 700 jobs from Nokia’s UK sites. Nokia will also transfer a further 3,000 employees to outsourcing and consultancy group Accenture, which will take over Nokia’s Symbian software,” The Beeb reports. “Nokia [recently] agreed to start using the Microsoft’s operating system on its smartphones instead of its own Symbian platform.”

Th Beeb reports, “Nokia hopes that the job cuts and restructuring will also help produce savings of 1bn euros for the firm by 2013. ‘With this new focus, we also will face reductions in our workforce,’ said Stephen Elop, Nokia president.”

Read more in the full article here.

[Thanks to MacDailyNews Reader “HotinPlaya” for the heads up.]

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Apple makes roadkill of deer-in-the-headlights CEOs – April 1, 2011
Microsoft to pay Nokia over $1 billion to use Windows Phone ’07 – March 7, 2011
Analysts not impressed with Nokia’s incoming CEO Elop – September 10, 2010

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