Nokia

  • Nokia Cuts 10,000 Jobs, Blames Tough Competition

    Nokia Cuts 10,000 Jobs, Blames Tough Competition

    By Matti Huuhtanen 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. Nokia said it will shut some research and development projects, including in Ulm, Germany, and Burnaby,... Continue Reading

  • Nokia Siemens To Lay Off 17,000 Worldwide

    Nokia Siemens To Lay Off 17,000 Worldwide

    By Matti Huuhtanen HELSINKI (AP) -- Nokia Siemens Networks is slashing 17,000 jobs worldwide by 2013 as it strives to cut costs by euro1 billion ($1.35 billion). The mobile infrastructure company said Wednesday the measures are part of "an extensive global restructuring program," which includes... Continue Reading

  • Nokia To Slash 3,500 Jobs By 2012

    Nokia To Slash 3,500 Jobs By 2012

    By MATTI HUUHTANEN HELSINKI (AP) -- Nokia Corp. on Thursday announced a further 3,500 job cuts by 2012 as it strives to save costs while its global market share continues to fall in stiff competition against rivals. The Finnish cellphone maker said it will close a manufacturing plant in Cluj, Romania, by... Continue Reading

  • Nokia Slashes 7,000 Jobs in Major Strategy Shift

    Nokia Slashes 7,000 Jobs in Major Strategy Shift

    By MATTI HUUHTANEN Nokia Corp. said Wednesday it will slash 7,000 jobs worldwide, through both layoffs and outsourcing, as it strives to cut costs and catch up with its top rivals in the smartphone market. Most of the 4,000 layoffs, due by the end of 2012, will be in Denmark, Finland and Britain, Nokia... Continue Reading