Nokia is planning to cut about 100 "strategy jobs" globally

Nokia is planning to cut about 100
It's tough to say exactly what has transpired to cause the world's largest cell phone manufacturer to shutter 100 jobs around the world. One of Nokia's spokeswoman announced that the company plans to cut 100 “strategy jobs” out of a total 330 from different parts of its operations, but it wasn't made clear as to what these positions entailed. Nokia has been making some headlines of late as they announced a partnership with Yahoo, unveiled a slew of new phones geared for emerging markets, and is hopeful about seeing the company move to new heights with the Nokia N8. However, we've seen the company show its vulnerability after reporting some not so stellar first quarter earnings – which also plays to their grasp in the world's market share. Although they've been a dominant force in the industry for quite some time, fierce competition has slowly taken away their shiny luster.

source: Reuters

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6 Comments

1. wade1968

Posts: 224; Member since: Apr 12, 2010

and the job cutting starts and it wont end here.

2. ilia1986 unregistered

It will end when Nokia is turned to a small frying pan production company. Nokia frying pan - with resistive plating. Special offer! Buy a nokia frying pan now, and get access to the juicy Ovi fish store*! *the only type of fish on the store is tuna. We are (not) sorry for the inconvenience.

3. Frankie Fish

Posts: 5; Member since: Apr 24, 2010

Very funny. Every company would have a time when they are not competent enough. Nokia will rise up you just gotta wait for it.

4. ilia1986 unregistered

Well, you know - since this is the smartphone market we are talking here, it is important to understand that those who come first - succeed first. And this is not because of the hardware, but because of the amount of apps. Apple is first. Android second. Everything else has no right to exist at all. And these two will continue to rise steadily, and be the dominant factor in the market. You know - like ATI and Nvidia. Like AMD and Intel. I'ts either Android or iPhone. Nothing else. Never will be.

5. thatdude1 unregistered

@idiot1986-only a fanboy like you would think that the amount of apps a handset has access to is what makes it sell. If that were the case, android and iphone would be number one in the world, and they are not even close to that. Hell, even rim outsells both, o.s. wise. Your infatuation with Nokia's demise is boardering on the psychotic. Please, seek help.

6. ilia1986 unregistered

We both know they will be. It's a matter of time. The difference is that you are unwilling to recognize it.

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