Nokia to Cut 4,000 Jobs Worldwide

Nokia Corp. (NOK) said Wednesday that it will lay off 4,000 people worldwide by the end of 2012 as it strives to cut costs amid stiff competition from top smartphone rivals.

Most of the job cuts will be in Denmark, Finland and Britain, the company said, adding that talks with employees had already begun.

Nokia also announced that it will transfer some 3,000 employees worldwide to Accenture as it shifts the development of the Symbian platform, used in Nokia cellphones, to the global technology and outsourcing company.

Nokia says those employees, located in China, Finland, India, Britain and the United States, will continue to develop the software and services for Nokia and "over time, Accenture and Nokia will seek opportunities to retrain and redeploy transitioned employees."

Nokia's share price jumped more than 3 percent to euro6.17 ($9.02) in arly afternoon trading in helsinki.

The announcements came as Nokia, with 13,000 employees in Finland, had called workers for internal meetings in several cities for briefings about company strategy as it begins a new partnership with Microsoft Corp.

In a push to challenge rivals like Apple and Google, Nokia and Microsoft announced in February that they are joining forces in an increasingly competitive environment.

Nokia continues to stiff competition from Research in Motion's Blackberry, Apple's iPhone and Google's Android at the top end of the smartphone market. It has said it plans to cut operating expenses by euro1 billion ($1.5 billion) by 2013.


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zekandzora

It’s never going to get any better, don’t look for it, be happy with what you’ve got.

Because the owners of this country don't want that. I'm talking about the real owners now, the BIG Wealthy business interests that control things and make all the important decisions.

Forget the politicians. They are irrelevant. The politicians are put there to give you the idea that you have freedom of choice. You don't. You have no choice! You have OWNERS! They OWN YOU. They own everything. They own all the important land. They own and control the corporations. They’ve long since bought, and paid for the Senate, the Congress, the state houses, the city halls, they got the judges in their back pockets and they own all the big media companies, so they control just about all of the news and information you get to hear. They got you by the b@lls.

They spend billions of dollars every year lobbying, to get what they want. Well, we know what they want. They want more for themselves and less for everybody else, but I'll tell you what they don’t want:

They don’t want a population of citizens capable of critical thinking. They don’t want well informed, well educated people capable of critical thinking. They’re not interested in that. That doesn’t help them. Thats against their interests.

They don’t want people who are smart enough to sit around a kitchen table and think about how badly they’re getting screwed by a system that threw them overboard 30 years ago. They don’t want that!

You know what they want? They want obedient workers, people who are just smart enough to run the machines and do the paperwork. And just dumb enough to passively accept all these increasingly crappier jobs with the lower pay, the longer hours, the reduced benefits, the end of overtime and vanishing pension that disappears the minute you go to collect it, and now they’re coming for your Social Security money. They want your retirement money. They want it back so they can give it to their criminal friends on Wall Street, and you know something? They’ll get it. They’ll get it all from you sooner or later cause they own this place! Its a big club, and you ain’t in it! You, and I, are not in the big club.

By the way, its the same big club they use to beat you over the head with all day long when they tell you what to believe. All day long beating you over the head with their media telling you what to believe, what to think and what to buy. The table has tilted folks. The game is rigged and nobody seems to notice. Nobody seems to care! Good honest hard-working people; white collar, blue collar it doesn’t matter what color shirt you have on. Good honest hard-working people continue, these are people of modest means, continue to elect these rich politicians who don’t Care about you.

They don’t care about you at all. And nobody seems to notice. Nobody seems to care. Thats what the owners count on. The fact that Americans will probably remain willfully ignorant of the big red, white and blue !@#$ thats being jammed up their @$$holes everyday, because the owners of this country know the truth.

Its called the American Dream,because you have to be asleep to believe it

RIP GEORGE CARLIN--- Goto YOUTUBE and watch this video type in "george carlin american dream"

May 08 2011 at 12:43 PM Report abuse rate up rate down Reply
mckmwarn

Hi, this is not the good news for those people whom are working with Nokia, Nokia can not do this with their employees.

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April 28 2011 at 5:51 AM Report abuse rate up rate down Reply
buff1999

meh

April 27 2011 at 11:34 AM Report abuse rate up rate down Reply