Nokia to cut 4,000 jobs, move 3,000 as restructuring continues

By on Apr 27, 2011 at 7:30 AM
Business April 27, 2011

Finnish handset giant Nokia continues its restructuring in an effort to trim overhead and return to profitability. The BBC is reporting that the company will cut 4,000 jobs worldwide and jettison an additional 3,000 positions to Accenture — the consulting company set to manage the Symbian mobile operating system going forward. ”With this new focus, we also will face reductions in our workforce,” said Nokia’s CEO, Stephen Elop. ”This is a difficult reality, and we are working closely with our employees and partners to identify long-term re-employment programmes for the talented people of Nokia.” The proposed moves are scheduled to take place sometime in 2012.

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  • http://www.droiddoes.com/ Norm

    Too bad they didn’t choose anDroid as their new OS. They might be hiring 4000 more people instead.

    • Anonymous

      Yeah, because Android = profits

      /s

      • http://twitter.com/homescrub homescrub

        umad.

    • Anonymous

      Nokia rather cut the 4K nokia employees and move the 3k employees to MSFT.

    • heyhey

      not only hiring 4000 more people but also getting access to 100s of thousands of free TOP QUALITY apps ;)

  • EndHaiku

    Too bad they’re not laying off all of the senior executives that drove this boat into the iceberg rather than taking it out on the engineering organizations.

  • http://twitter.com/homescrub homescrub

    Amazing. Killing the cattle, to become a Chick-a-Filla business.

    I really do want one of those phones though. Windows 7 on a Nokia? I wants.

  • Anonymous

    LOL at Stephen Elop, who once said that “Apple should shut down operations and pay its shareholders for the privilege” or something like that.

  • http://twitter.com/cordial david carter

    “Finnish handset giant Nokia continues its restructuring in an effort to trim overhead and return to profitability. The BBC is reporting that the company will cut 4,000 jobs worldwide and jettison an additional 3,000 positions to Accenture”

    Hi everyone, so thanks for coming to this meeting today concerning the new direction at Nokia. We are focused at maintaining Nokia as a world leader in mobile telecom into the future…blah…blah…need to make a few changes to ensure this…blah blah…realignment in our priorities…blah blah…We are delighted to announce that the future of Symbian is ensured and many of you will be joining in this future with our new partnership with Accenture.

    Translation – So there’s good news and there is bad news. The good news is you haven’t lost your job.

  • Wow.

    Wow, 4,000 people? That is f-ing terrible. :(

    Being unemployed isn’t fun in the least. I wish all of those who lost their job the best.

    • Anonymous

      For them to jump their platform to Windows, this is JUST the beginning.

  • Always Cool

    There’s an old saying that “dead fish start to stink first at the head” and that analogy applies to business as well. It’s Nokia’s narrow minded top tier of Exec VP’s, and the like, who are to blame for their diasatrous ways of conducting business. Too bad that the ones who pay the price are the employees who have given the company their best for years.

  • Ergrg

    sg eherh

  • Adsa

    sgeg

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