In the wake of employee howls of injustice and protest, Finish newspaper Helsingin Sanomat reports that Nokia (NYSE: NOK) CEO Olli-Pekka Kallasvuo has decided to give up his personal bonus for the second half of 2006. Kallasvuo announced his decision in a blog entry on the company intranet on the heals of employee outcries over a cancelled bonus program.
Despite reporting record profit and revenue in January, Nokia announced that it would not be paying out special employee bonuses because the company failed to meet the board’s goals. Employees were not to be paid, but under the plan executives were still to reap handsome bonuses. The outrage was predictable.
Worse yet, in spite of everything, Nokia recently announced 700 job cuts. Despite some innovative damage control on the corporate intranet, some 8000 white collar employees walked off the job in protest.
Initially Kallasvuo used the intranet to justify the cancellation of the bonuses in an online video speech. HR and communications managers also used discussion boards on the intranet to help calm the storm.
Nokia is proof positive that regardless of the efforts, skills and technology used by communications staff, no mount of PR can reverse a bad business decision.
Talk about all for one, one for all.
Taking one for the team really shows us how much you love your company Olli!
Olli-Pekka Kallasvuo, the President and CEO of the mobile telephone manufacturer Nokia, has decided to give up his personal bonus pertaining to the second half of 2006. Kallasvuo announced his decision on the company’s intranet pages on January 29th – four days after the company’s result for 2006 had been published.
Kallasvuo’s basic annual salary is EUR one million, and his personal bonus could be up to 150 per cent of his basic salary, provided that all targets are met.
I’m not sure where Engadget is getting their information,
but based on everything that is publicly available, as well as private
information I’ve seen in Nokia (NYSE: NOK), I believe that the only 3G band
supported on the Nokia E90 will be WCDMA 2100. I would love for Engadget to be right on this, though, but there’s no evidence they are.
We could always go with the Nokia E90 technical specifications page on Nokia’s site, but let’s go with the FCC documentation
that Engadget links to. I poured through all of the PDF files and could
not find a single page on any of the documents that matched the one
they pictured in the story. Nothing in any of the documentation Engadget links to even mentions WCDMA 1700. You would think that WCDMA 1700 would appear in the SAR reports if it supported that band, don’t you think?
This is either sloppy reporting or someone is making this up. Or they’re talking about the phone after the Nokia E90. Whatever, but I have no reason to believe they’re right on this one.
I’ll trust PhoneBoy over Engadget any day of the week.
I apologize for propagating incorrect information.
Wait up just a second, let us get this straight: after years of teasing Americans with 3G smartphone after sweet 3G smartphone — none of which packed even a lick of compatibility on US bands — Nokia (NYSE: NOK)’s going to rock its newest undisputed king of the hill, the E90, with every band we could possibly hope for? Of course, we don’t want to count our chickens ‘fore their hatched lest we get fooled again, but the presence of Nokia’s latest QWERTY-based Communicator device in the FCC’s trusted hands sporting WCDMA on the 850, 1700, and 1900MHz bands is a very promising sign, indeed. As a refresher, T-Mobile (NYSE: DT) will be launching its WCDMA network this year — the last of the four national carriers to go 3G — on the freshly-minted 1700MHz band, leaving future users without much of a handset selection from which to choose (as in, zero devices so far and few on the roadmap). But hey, with phones like this seemingly sitting in T-Mobile’s pipeline, that’s just fine by us.
I thought T-Mobile was going to use 2100 MHz? Who makes this triband chip?
Ken Camp is in California at the O’Reilly ETel Conference with his Nokia (NYSE: NOK) N93. He just happened to record this great presentation:
Thank you Ken!
Augmented mobile reality just blew my mind away. I have a vivid imagination when it comes to user scenarios and I literally had to pause the video, blink a few times, then continue watching.
What would I have to do to get a tour of the Palo Alto R&D Labs?
Folding out the E70 reveals the keyboard, of course.
It takes a little getting used to, and honestly I don’t think I’m as fast on it as the BlackBerry (NSDQ: RIMM) but this is mainly because the BlackBerry has amazing autotext functionality that S60 does not. For example, if you hit space twice on a BlackBerry, you get a period, if it thinks you’re typing an email address because you’re in a field that says “Email Addressâ€, a spacebar will put in a ’@’ for you. Little things like that and only having a little bit of travel in the keyboard makes the E70 seem a bit too spread out. And if you have small girlish hands like I do, the E70 is a cinch to thumb on, but if you have bigger hands, the proximity of the keys and the shallow travel in the keyboard will be problematic, as the keys are very close to one another without the distinct separation between them that the Treo and ‘Berry have.
So, why mobile email? And why on S60 instead of the BlackBerry or a Treo?
Will, simply put, I like the S60 OS a lot better at the end of the day than the Treo or the BlackBerry, and if I wanted BlackBerry email I could get that on the E70 anyway, and the PIM functions on the BlackBerry are archaic and the GoodLink’ed Treos have a disconnect between your server-side PIM functionality and the built-in functions which makes synchronization a bit of a pain in the ass if you’re not using Outlook and Exchange.
Another thing I like a lot about the E70? It doesn’t spastically flash LEDs at you like a neon sign outside a liquor store coaxing in the alcoholics with promises of gratification. In fact, in the current firmware, you can’t even turn it on if you wanted to. There is an LED, it just isn’t being used today. No idea why. Don’t care.
I like LED’s that are useful and not just there to be noticed.
Concise review from what seems to be a power user.