Nokia to cut up to 10,000 jobs globally by end-2013

Thursday, 14 June 2012 12:13

Posted by Imaduddin

310

HELSINKI: Finland's Nokia, one of the world's biggest mobile phone makers, announced Thursday that it planned to cut up to 10,000 jobs by the end of next year due to massive additional cost-savings measures.

"These planned reductions are a difficult consequence of the intended actions we believe we must take to ensure Nokia's long-term competitive strength," company chief executive Stephen Elop said in a statement.