Nokia cuts another 330 jobs

Dylan Bushell-Embling
23 Nov 2009

Nokia plans to further scale back its R&D operations, culling up to 330 employees - around 2% of its research personnel.

The cutbacks will take place at Nokia's Oulu site in Finland - where up to 230 positions will be eliminated - and its Copenhagen site, where 100 employees will be let go, Nokia said.

The handset maker said it would concentrate its efforts on fewer, more feature-rich handsets in a bid to stem the losses to its market share.

Nokia has around 17 000 R&D staff, including 2,000 in Oulu and 1,000 in Copenhagen.

Nokia has now announced around 4,000 job cuts this year, as part of a plan to save $1 billion in annual costs. Joint venture Nokia Siemens this month revealed plans to cut 5,800 of its own staff after posting a €1.1 billion ($1.63 billion) loss.

NSN's losses and slumping handset sales dragged Nokia into the red by €913 million last quarter – its first quarterly net loss in over a decade.

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