Beleaguered Nokia axes another 3,500 people; trims manufacturing operations

“Nokia is cutting a further 3,500 jobs in Europe as part of its restructuring plan to save the company €1bn in operating expenses by 2013,” Brid-Aine Parnell reports for The Register.

“The Finnish phone company axed 7,000 jobs in April, with 4,000 people going from Britain, Denmark and Finland and 3,000 Symbian jobs moving from the firm to Accenture,” Parnell reports. “Today, Nokia announced that 2,200 people would be made redundant after it closes a factory in Cluj in Romania, while a further 1,300 jobs will be lost in its location and commerce business in Bonn in Germany and Malvern in the US.”

Parnell reports, “Nokia is hoping that a concentration of its resources on its partnership with Microsoft will help it regain some ground in the smartphone market, but so far the road to recovery appears to be rocky.”

Read more in the full article here.

MacDailyNews Take: The remains of a deer in the headlights that’s been run over by a bullet train aren’t pretty. Nokia had better pray that Apple’s, Microsoft’s, and Oracle’s efforts against Android’s patent infringements result in Windows Phone ’07 taking meaningful mobile OS share from Google.

[Attribution: techDygest. Thanks to MacDailyNews Reader “Lava_Head_UK” for the heads up.]

Related articles:
Oracle contradicts Google on damages, vows to fight hard for injunction against Android – September 23, 2011
Nokia exec: Apple’s iOS platform is ‘outdated’ – August 10, 2011
IDC: Apple now the world’s #1 smartphone vendor – August 4, 2011
Nokia cuts jobs, slashes R&D; adopts Microsoft’s Windows Phone ’07 in iPhone killer quest – February 11, 2011

4 Comments

  1. Hi there – I work for a flange manufacturer here in Texas and am always interested in learning more about whats going on in the industry as a whole. While I’m more immediately concerned with manufacturing here in the US, the happenings in the global manufacturing industry are important to monitor.

    Thanks for sharing! – Aly

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