Nokia cuts 3,500 jobs, “we will emerge as a more dynamic, nimble and efficient challenger”

There’s currently so much enthusiasm behind Nokia and their future Windows Phone devices that you almost forgot about the inner turmoil. It was a year ago that Nokia announced to “accelerate its transformation” that 1,800 jobs will be slashed, so this news today is unfortunate. In a press release this morning Nokia said in order for them to “to take additional actions to align its workforce and operations” that another 3,500 people will face unemployment . 2,200 of the jobs are from a Romanian manufacturing plant that’s being shut down, the other 1,300 cuts will be from Nokia consolidating its Location & Commerce business. These job cuts are expected to take effect by the end of 2012 and will “bring efficiencies and speed to the organization”.

Stephen Elop, Nokia President and CEO, said “We are seeing solid progress against our strategy, and with these planned changes we will emerge as a more dynamic, nimble and efficient challenger. We must take painful, yet necessary, steps to align our workforce and operations with our path forward.”

Source: MarketWire
Via: Engadget