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.
