Wednesday, October 5, 2011

Nokia will lay off 3,500 employees

In February this year, Nokia signed a deal with Microsoft to bring Windows 7 to its Phone device. Two months after the first sign of the negative side of the company's restructuring appeared to cut 4,000 jobs. Today Nokia announced that it will lay off 3,500 more employees, with 1300 Location of industry and commerce and with the 2200 closure of a factory in Romania.


But not all bad news: the 2200 employees working in the Romanian factory of Nokia employees will continue until the end of the year and should continue to receive salary, even without working until March 2012, which should give enough time for them find a new job. In addition to plant closures and layoffs, Nokia also will choose a CEO for the joint venture Nokia Siemens Networks, responsible for network equipment.

With lower than expected financial results, it is natural that Nokia starts to cut costs to remain active until the arrival of Windows mobile Phone 7. And that puts even more pressure on those responsible for its development, since if they do not do any success Finnish mobile phone giant may cease to exist.

But seeing that already "leaked" so far as the Nokia Sea Ray, I'd say the chances of that happening are slim. Do not you think?