AAPL Stock: 118.42 ( -0.46 )

Printed from

Nokia cuts 800 more jobs at home

updated 02:25 pm EST, Tue December 14, 2010

Nokia says 800 job cuts coming in January

The world's largest phone maker again said it would cut jobs on Tuesday, though this time it's relegating them to its home country of Finland. Nearly 800 positions will be reduced starting in January. Negotiations with employee representatives are now concluded, and severance packages will represent between five and 15 months of regular salary.

The company hopes to relocate some of affected employees to other positions within itself. In October, the company said it would cut 1,800 jobs worldwide, due to losing market share thanks to aggressive products from rivals. Nokia is developing the MeeGo smartphone platform along with Intel, though it's taking time to develop and won't be ready until the first half of 2011.

The news helped cap one of Nokia's worst years in recent memory as it had to delay the E7 to 2011 and miss out on important smartphone sales. Simultaneously, Google's Android and Apple's iOS platforms have been gaining popularity and momentum at Nokia's expense, backed by strong app support and more advanced interfaces.

by MacNN Staff



Login Here

Not a member of the MacNN forums? Register now for free.


Network Headlines

Follow us on Facebook


Most Popular


Recent Reviews

Ultimate Ears Megaboom Bluetooth Speaker

Ultimate Ears (now owned by Logitech) has found great success in the marketplace with its "Boom" series of Bluetooth speakers, a mod ...

Kinivo URBN Premium Bluetooth Headphones

We love music, and we're willing to bet that you do, too. If you're like us, you probably spend a good portion of your time wearing ...

Jamstik+ MIDI Controller

For a long time the MIDI world has been dominated by keyboard-inspired controllers. Times are changing however, and we are slowly star ...


Most Commented