Nokia Finnish investors considering gathering signatures to get CEO Elop sacked

Nokia Finnish investors considering gathering signatures to get CEO Elop sacked
Nokia’s chief executive officer Stephen Elop is probably the most polarizing figure in the mobile world not just in the last few years - ever. Elop’s strategy to go all-in on Windows Phone, swiftly abandon the Symbian platform and denounce it as a “burning platform” yielded an extremely tough transition period for Nokia. The Finns went from being the world’s biggest phone maker to second and from the creator of the smartphone and market leader to third, threatened to be outsold by HTC and ZTE.

That tough transition period is far from over. Now, it seems that Nokia shareholders have started a discussion on gathering signatures to have Elop out of the company. A forum discussion on Finnish business newspaper Kauppalehti shows that the Finnish shareholder association is actively debating whether it should start making a list of signatures to have the former Microsoft employee sacked.

Under Elop, Nokia is letting go a fifth of its workforce, including staff in Finland. The company has also outsourced manufacturing to Asia, and is shutting down plants across Europe and other countries. Most recently, Nokia closed all alternative platforms like Meltemi, a stripped version of MeeGo, aimed to power the best selling affordable Nokia phones. The focus seems to be fully on Windows Phone 8 at Espoo, and hopefully it will have the first devices out soon and in time for the Holiday season, a success there might be the only thing that will keep chief executive Elop at his position.

source: Kauppalehti via Communities Dominate Brands

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58 Comments

1. kunyuk

Posts: 56; Member since: Jun 29, 2012

Yes kick elop ass from Nokia, please!!!

8. anywherehome

Posts: 971; Member since: Dec 13, 2011

he s just been a cuckoo from Microsoft so Microsoft can buy Nokia just for a penny :) good work, Elop!

37. MeoCao unregistered

Every time I look at Elop's pictures I can't help thinking: "What a dumb person it is".

42. r2212xx

Posts: 41; Member since: Apr 18, 2011

Yes, i agree. Nokia suddenly seem to have become great buddies with Microsoft after Stephen Elop walked into the scene.

16. .POLICE.

Posts: 7; Member since: Aug 22, 2012

It has been 7 years for windows, what progress have they made? It took them 7 years so the OS handles high end games and dual core chips. Elop killed all his own platform, leaving just S40. Once the king of mobile industries has to rely on other OS.

28. megaSUNNY

Posts: 88; Member since: Jun 26, 2012

thumbs to kick-ass elop

36. Nookie4u

Posts: 133; Member since: Aug 13, 2012

and about dang time too might I add.

57. AeroPrime

Posts: 175; Member since: Feb 21, 2011

Yes i totally agree. Kick this dumb CEO. He is making the situation worst and putting Nokia in the edge of collapsing.

2. Osman

Posts: 44; Member since: May 07, 2012

they should wait a little more and see how his WP8 strategy goes, what if he succeeds with his plans then it won't be fair.... just my opinion! sure you can thumb this down (haters).

15. kanagadeepan

Posts: 1186; Member since: Jan 24, 2012

The problem is why he killed Symbian?? Instead of using it as stop-gap till WP arrives?? Why he said "NO MORE MEEGO, EVEN IF N9 SELLS WELL" ?? AND Why he killed Meltemi for LowEnd phones, even WP8 can't be used in Low-end phones?? Because, A Linux based OS = Enemy of M$.. Why he said in US, Nokia808-PureView will be sold in FULL PRICE only and NOT in contract and sold Lumia900 at just 99$ with contract?? I am NOT a Nokia hater... My first smartphone is Nokia 9210i communicator and used soo many Nokias till E71 and E90.. I agree that SymbianTouch is NOT as good as non-Touch Symbian.. But Anna is much better than earlier Symbian-Touch and can be used as Stop-Gap till WP picks up... Instead he killed it and thats the main reason for current condition of Nokia... I have NO problem, if he wants to sell his soul to the Devil M$, but he also sold NOKIA's too.. That is the problem... SIMPLE... If he is kicked out, Nokia survives... If NOT Nokia is kicked out from market...

3. w-t-f

Posts: 42; Member since: Aug 21, 2012

it's about time..ditch that MS trojan horse..get back on meego project as primary OS,WP8 as 2nd and rock on :) also keep feature phones in. and make LUMIA NEXUS LOL

4. maverick786us

Posts: 157; Member since: Apr 20, 2012

Its too late to ditch WP. But yes they can bring back Meego live and use their entire work force to make it a very good OS to compete with Android handsets. So sacking him might create instability within the company

20. allen83

Posts: 107; Member since: Mar 01, 2012

yes you're right. They should continue with Meego. Because Meego was really a very hot OS for the past months or a year especially when Jolla went out to the bloom and announced that they would continue Meego. It is really a big slap of the face to Nokia when Meego OS is a success especially ex Nokia staves ar involved in making the project a big success

5. tango_charlie

Posts: 347; Member since: Nov 16, 2011

Nokia made self-destructive mistakes long before Elop hit the spot. Firing him now just makes no sense. If WP8 fails to succeed their will be no Nokia anyway to be fired from.

6. MeoCao unregistered

Sack the board first.

7. Samsomesh

Posts: 195; Member since: Jun 11, 2012

Thats the right thing to do.!!

10. jack1059

Posts: 72; Member since: Mar 31, 2012

There are only 2 issues which a CEO ultimately gets judged on. That's share price and marketshare. On both counts Elop has driven nokia over a cliff. Market share went from 35% roughly to 6% under him, and the shares are now listed as junk. Add all the other bone headed mistakes he's made and I wonder how he still has a job.

11. threed61

Posts: 259; Member since: May 27, 2011

The decision to go with windowsphone wasn't a bad one, it was trashing the other OS options before there were even wp phones to sell that was stupid, for that alone he should be fired. But this point was coming anyway, the latest Symbian belle is about the same functionability as a 2009 OS. It sucks and consumers were dumping it already. Meego, like webOS before it doesn't offer enough apps or developer support to compete, and without a cash pile like Microsoft's it wasn't going to get that support. Nokia's problems were there long before Elop.

21. allen83

Posts: 107; Member since: Mar 01, 2012

yes applications to a new born OS is really few at first. but it will increase as time goes by. just like Android and Apple. And knowing that when Meego before its launch has already partners pledging to support the OS even it is not well known or just starting

45. picka_vi_materina

Posts: 174; Member since: Nov 21, 2011

You have quite a bad understanding of things. First of all, Symbian has the best functionality of any OS to date. That is not even up to debate by the worst of the bloggers. Second, MeeGo had so many partners waiting to publish apps, but after the ”there will be no meego degices even if N9 sells like crazy,” who could blame them. Lastly, there is alien dalvik which could have taken care of the lack of apps.

12. tiara6918

Posts: 2262; Member since: Apr 26, 2012

Hahaha...lol! I laughed at the time I read the headline. It's Elop's fault that nokia has plunged down to what it is now. Time to go android and that will surely bring the company much success. Go back to windows phone os when the time it's neck to neck with android and ios...

13. Nikolas.Oliver

Posts: 1574; Member since: Jul 01, 2012

shame on u elop....shame on u

14. JunkCreek

Posts: 407; Member since: Jul 13, 2012

and YET WINDOWS PHONE IS NOT EXCLUSIVE FOR NOKIA, SO ELOP REALLY SHOULD KICK UP LIKE A XXX.

17. FoneAddict

Posts: 263; Member since: Jul 05, 2011

At last!

18. bloodline

Posts: 706; Member since: Dec 01, 2011

nokia should just do one 1 test. Release one of their best tech phones onto android and see what happens

23. picka_vi_materina

Posts: 174; Member since: Nov 21, 2011

they shouldn't even think about touchinf touching android, EVER. Release a high spec MeeGo device, that is all.

27. No_Nonsense unregistered

Jolla is there for Android

34. picka_vi_materina

Posts: 174; Member since: Nov 21, 2011

You mean jolla is there for meego? Why should every single company in the world develop on android. I want Nokia to do the real thing and continue developng and using meego and symbian. Samsung, HTC, Motorola, ZTE, etc are there for android.

39. MorePhonesThanNeeded

Posts: 645; Member since: Oct 23, 2011

Hence why companies aren't run by feelings, it's a business and you invest where you can get returns. Nokia could have a few Android phones and their own OS powered phones as well along with Windows phone. This all or nothing idea was complete suicide in such a market, MS can care less what happens to Nokia, with all those patents if Nokia starts sinking they will have to consolidate and of course daddy warbucks will swoop in to inject cash. Now you are my biatch, you do what I say. I couldn't understand how Elop sold the entire Board of Nokia Investors his tripe about going one OS. They are not Apple, they do not have the marketing nor the sex appeal. The Board needs to be sacked for believing Elop's pipe dreams. That whole idea is basically an all or nothing, if it fails then what?

46. picka_vi_materina

Posts: 174; Member since: Nov 21, 2011

Imagine the amount of money they could have made with their own OSs. Symbian, MeeGo, Meltemi, S40. All those OSs require a one-time app coding, with an easy simple porting. Nokia was onto a winner until......

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