Reuters reports that loss-making Finnish cellphone maker
Nokia plans to cut another 10,000 jobs globally and warned the second-quarter
loss from its cellphone business would be larger than expected. The cuts bring total planned job cuts at the
group since Stephen Elop took over as chief executive in September 2010 to more
than 40,000.
Nokia said it would book additional restructuring charges of
around 1 billion euros ($1.3 billion) by the end of 2013.
Nokia stock has crashed more than 70 percent since it
announced in February 2011 it was dropping its own Symbian smartphone operating
software and switching to Microsoft's largely untried Windows Phone system…
No comments:
Post a Comment