Today's Hard|Forum Post
Today's Hard|Forum Post

Saturday October 01, 2011

Nokia Lays Off 3,500 Employees

Nokia will be closing a manufacturing plant and restructuring other operations effectively losing an additional 3500 employees as the focus of Nokia’s attention turns to production of Microsoft’s Windows phone.

The changes are painful, yet necessary, and will turn Nokia into a "more dynamic, nimble and efficient challenger," CEO Stephen Elop said in a statement.