Disqus
Nokia Siemens Networks, who was the number one reason Nokia posted their first loss in a decade in Q3 2009, is going to be cutting costs and reorganizing starting January 1, 2010. The goal is to cut operating costs for 2011 by half a billion Euros compared to 2009. Currently NSN has 5 business units, these will now be consolidated into 3 units: Business Solutions, Network Systems, and Global Services. NSN also has roughly 64,000 employees, and 7 to 9 percent (4,480 to 5,760) of them will be fired.
Good luck to my NSN buddies in Finland, the UK and Ireland.
[Via: Press Release]
About The Author
Stefan Constantinescu
Stefan Constantinescu (@WhatTheBit on Twitter) has loved technology since as far back as he can remember. It started with computers, but in the past few years his passion has turned to mobile devices. As a mobile phone enthusiast who lives and breathes devices that connect to the internet, he knows he is not alone with this radical fascination of all things wireless. He is strongly opinionated and enjoys a good debate so leave comments in his posts and he’ll get back to you! Stefan began blogging as a hobby in the fall of 2006 and joined IntoMobile in the summer of 2007. Later he got a job at Nokia in March 2008, but as of June 2009 he has rejoined the IntoMobile team. He is currently based out of Helsinki, Finland.
