updated 05:05 pm EDT, Thu March 22, 2012
Nokia to cut up to 1,000 jobs at Finnish factory
Finnish cellphone giant Nokia has completed talks with its staff at the Salo plant, with the result being as many as 1,000 planned layoffs. The cuts will happen gradually throughout the year, though most will be complete by the end of June, Nokia announced. The workers that stay on at the last large European plant will be charged with focusing phones for European carriers.
This latest round of layoffs is in addition to the 4,000 job cuts Nokia made earlier this year as it moved jobs to Asia. Late last year, the manufacturer also cut a total of 3,500 jobs from one plant in Romania and its Location & Commerce division. Before that, it eliminated 4,000 positions after it announced it will transition from Symbian to Windows Phone 7.
The company is losing market share during this transitional period, and isn't likely to sit atop phone vendors as it was during the third quarter of last year, at 23.9 percent, ahead of Samsung's 17.8 percent. Android 4.0 is slowly appearing on phones, which will make Nokia's fight tough this year as well, though it is releasing a number of high-end Windows Phone-powered hardware itself. [via Reuters]