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Nokia Laying Off 1,700 Employees

By: , IntoMobile
Tuesday, March 17th, 2009 at 7:21 AM

I guess nobody was biting at those voluntary resignations for severance packages, eh? In an effort to save upwards of €700 million in their handset division, Nokia has pledged to lay off 1,700 workers. The voluntary resignation offer still stands, but there’s still a research facility to close, 320 more jobs to cut and 2,500 more Finns to temporarily fire. Everyone’s taking a hit recession-wise, and although they’re cutting staff, Nokia’s recent €500 million R&D loan should help them stay in the game regardless. It’s hard to say if that will be enough to combat the encroachment of iPhone and BlackBerry on Nokia’s king-of-the-hill status, however…

[via AP]

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About The Author

Simon Sage

Simon Sage’s education largely surrounded writing, technology and online community, leading him to begin his blogging career at www.BlackBerryCool.com and to quickly discover a vibrant and active community surrounding BlackBerry and mobile technology. In exploring RIM’s platform, he has learned what enterprises are looking for in mobility as well as what makes the innocuous BlackBerry so appealing to them. Recently Simon’s been covering RIM’s gradual move into an already-crowded consumer market, and the impact of burgeoning challengers, such as the iPhone, as well as long-time leaders, like Nokia, on BlackBerry’s advancement. With plenty of content under his belt, Simon will be branching off a bit to see what other smartphone manufacturers are working on while still using BlackBerry as a barometer. At IntoMobile, you can count on his posts being even-handed, well-informed and thought-out.