Nokia Stops Christmas From Coming
A colder, more brutal winter than usual for Nokia’s Finnish workforce. The company is sacking 800 employees in its home market as part of its effort to “accelerate the company’s transformation towards a leading mobile solutions provider.”
Nokia says the cuts have been on the table since October, when it announced a personnel restructuring during its Q3 results. And indeed it has. From a press release issued that month:
“Altogether, the planned changes are expected to result in a reduction of up to 1,800 employees globally, as activities are planned to be discontinued and integrated. Nokia will begin applicable consultations with employee representatives about these plans.”
News of the layoffs comes on the same day that Nokia said it will miss another shipping deadline for its new E7 smartphone. That device, which will run the next iteration of the company’s Symbian OS, was expected to launch this year. Now its debut has been postponed until early 2011.