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Nokia Cutting Another 300 Jobs
Nokia today announced another round of layoffs, which will affect approximately 300 of the company’s workers.
The job cuts are the “last anticipated reductions” related to the 10,000 overall layoffs Nokia first announced in June 2012.
“Nokia believes these changes will increase operational efficiency and reduce operating costs, creating an IT organization appropriate for Nokia’s current size and scope,” the company said in a statement.
Along with reducing its global IT organization by up to 300 employees, Nokia also plans to transfer “certain activities” and as many as 820 employees to IT companies HCL Technologies and TATA Consultancy Services.
The majority of affected employees are based in Finland, Nokia reported.
Nokia has been shedding thousands of jobs for some time now. In April 2011, Nokia announced plans to cut 4,000 jobs and outsource its Symbian development team to Accenture. By Sept. 2011, the company said it would lay off 3,500 additional workers in locations around the world, including Malvern, Pennsylvania.
By Feb. 2012, the company said it would cut 4,000 manufacturing jobs. Then, in June 2012, Nokia said it would reduce its global workforce by up to 10,000 employees, say goodbye to three top executives, and close facilities in Germany, Canada, and Finland.
For more than 14 years, Nokia was the top mobile phone maker in the world, but that all changed last year when Samsung took the crown. Nokia’s share of the worldwide mobile phone market dipped from 30 percent to 24 percent last year. IHS iSuppli suggested that the swap was due to Nokia’s focus on transitioning its smartphone lineup to the Windows Phone operating system, while Samsung flourished with its Galaxy lineup of devices.
Nokia will report its fourth-quarter earnings on Jan. 24.
By Stephanie Mlot, PCMag