Nokia sheds 300 IT jobs, transfers 820 workers

HELSINKI (AP) - Struggling Nokia Corp. is downsizing by more than 1,000 jobs, part of a wide-ranging plan to cut costs and streamline operations.

The Finnish firm says it will lay off 300 workers in its IT sector and transfer "some activities and up to 820 employees to strategic partners," India-based HCL Technologies and TATA Consultancy Services, which have operations in Finland.

Nokia said Thursday that the changes, mostly in Finland, are part of 10,000 job cuts and plant closures announced in June.

The former No.1 phone maker has been edged out by Samsung Electronics and Apple Inc.'s iPhone in the tough smartphone race and is aiming to save (EURO)1.6 billion by the end of 2013. Last week, Nokia said it expects to return to profitability as fourth-quarter mobile phone sales exceeded expectations.


(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Top Stories

  • End a Trend
    The Seahawks seek to end a Bay Area trend when they take on San Francisco tonight
ATTENTION COMMENTERS: We've changed our comments, but want to keep you in the conversation.
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.
comments powered by Disqus
Listen to the show
Hear GeekWire on KIRO Radio
Join Todd Bishop and John Cook weekends on KIRO Radio to talk Seattle technology.

Sign up for breaking news e-mail alerts from MyNorthwest.com
In the community
Do you know an exceptional citizen who has impacted and inspired others?
KIRO Radio and WSECU would like to recognize six oustanding citizens this year. Nominate them to be recognized and to receive a $2,000 charitable grant.