Friday, June 15, 2012

Nokia to Slash 10,000 Jobs, Close Facilities, Hopefully Get Back on Track

In as roundabout a way as possible, Nokia announced that it will be cutting 10,000 jobs by the end of 2013 to reduce its operating expenses. The company also announced plans to cut some of its R&D efforts by closing facilities located in Germany and Canada, consolidating some manufacturing (and therefore closing a plant in Salo, Finland),...

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