Thursday, June 14, 2012

Nokia to cut 10,000 jobs after weak 2nd quarter

From Reuters.com:

Loss-making Finnish cellphone maker Nokia plans to cut another 10,000 jobs globally in its biggest revamp in recent history, while it warned the second-quarter loss from its cellphone business would be larger than expected.

The cuts, which include the closure of Nokia's only plant in Finland, bring total planned job cuts at the group since  ... 2010 to more than 40,000.

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Link: http://www.reuters.com/article/2012/06/14/us-nokia-restructuring-jobs-idUSBRE85D09K20120614

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