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Nokia to slash another 490
Nokia on Tuesday announced the company’s plan to slash another 490 jobs from its global workforce. The world’s largest mobile phone maker, announced to cut as many as 170 positions in logistics, production management and production support areas. Amidst the global recession, the phone making giant was hit badly by the slump in customer... »
Nokia bags $1.76 billion deal with China PTAC
Nokia signed a 2009 framework deal on Monday worth USD 1.76 billion with China PTAC, the top phone distributor in China, to supply handsets in the country. However the value of the deal between the two declined from the previous year’s figures of USD 2 billion. The deal last year was valued at USD... »
Nokia to lay off 1,700 worldwide
The world’s leading mobile phone manufacturer, Nokia Corp. announced on Tuesday that the company is about to lay off 1,700 of its employees in wake pf the global economic downturn. These fresh lay-offs come as a strategy to cut costs as the fiscal crisis around the globe has taken a severe toll on the... »
Nokia plan to lay off 1,000 in new restructuring
The world’s leading mobile phone maker, Nokia on Tuesday has announced its launch of the new restructuring procedures and also with it, the plans to cut yet another 1,000 jobs worldwide through voluntary departures. The restructuring procedures and lay off come as a measure to cope up with the back bending recession in the... »
Nokia cuts some 400 jobs
Nokia is the latest in the queue. The world’s leading mobile phone company, Nokia, on Wednesday, has declared more than 400 job cuts. The company also announced it plans to reorganize its research and development operations in its native Finland and to shut down its Jyvaeskylae site. This follows Nokia’s last month statement which listed... »
