These are troubled times for Nokia, and their home land Finland. Nokia have announced that 7,000 people will be leaving the company. Something that many analysts had forseen for many months.
4,000 of these staff are losing their jobs entirely, with Finland, United Kingdom and Denmark being the target countries. 3,000 of the listed Symbian based staff members will be farmed out to Accenture. Nokia’s official statement says that the outsourced employees will continue to provide mobility software services to Nokia for their future smartphones. Accenture already own Nokia’s professional services unit for engineering.
Nokia CEO: Stephen Elop
Nokia are planning to cut their research and development costs by 18 percent by 2013 which has boost shares a little, according to Reuters reports.
A Nokia employee told Techeye, that “This isn’t a deal between Nokia and Microsoft, this is a Microsoft take over.” One of the biggest concerns is that Stephen Elop, the current CEO of Nokia has too many previous ties to Microsoft, as he was one of their key executives in a previous life.
KitGuru says: Nokia seem to be struggling with everything lately, we can’t help but feel that they have some even rougher times ahead.
Are Nokia on a downward slope?,
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April 28, 2011
#1
I think elop is making a mess of nokia.
April 28, 2011
#2
Their CEO is in Microsofts back pocket. its going to ruin the company, they should NEVER have adopted Windows 7 phone, its flawed from the start. They also arent even a proven mobile maker !
April 30, 2011
#3
“Are Nokia….” ? Don’t you mean “Is Nokia…”?
April 30, 2011
#4
@Rav: You are 100% correct ! If you ready KitGuru on a regular basis then you will start to notice which of us use English and which use ‘a close approximation’