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Nokia (NOK) intends to reduce its IT headcount by more than 1,000 as it outsources its tech...

Nokia (NOK) intends to reduce its IT headcount by more than 1,000 as it outsources its tech needs to Indian suppliers, with 820 workers set to move to HCL Technologies and Tata Consultancy Services. Over 300 jobs will be cut. The move is part of Nokia's restructuring in which it is slashing 10,000 positions. Shares +1.75% premarket. (PR)
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Comments (7)
  • Eld
    , contributor
    Comments (378) | Send Message
    According to Nokia, these are the last lay offs relative to its plan announced June 2012.


    The plan was to cut 10,000 positions globally by the end of 2013.


    2 options now:
    - either the lay offs are enough
    - either they are not


    any bets?
    17 Jan 2013, 06:23 AM Reply Like
  • Kamminga
    , contributor
    Comments (186) | Send Message
    What happened to either - or.....?
    17 Jan 2013, 06:36 AM Reply Like
  • WhatdoIknow1
    , contributor
    Comments (661) | Send Message
    I've been working that bet for over a year to a successful conclusion.


    Long Nokia
    17 Jan 2013, 07:09 AM Reply Like
  • Leont68
    , contributor
    Comments (1386) | Send Message
    It is enough, but will continue on a needs basis.


    Its funny how every more Nokia makes seems to be brilliant, 4 months ago this would have been a dooms day scenario. Shares would have been down at least 6 percent pre market.
    17 Jan 2013, 07:34 AM Reply Like
  • mr wonder
    , contributor
    Comments (582) | Send Message
    Lay offs are according to plan. Nokia is executing according plan. Why would this news have a negative impact on stock? I would expect rather the opposite.
    17 Jan 2013, 10:07 AM Reply Like
  • LumiaMan
    , contributor
    Comments (324) | Send Message
    Hello there,


    With Flash being actively de-emphasized by Adobe, and with most mobile web sites abandoning Flash (because it is not available on iOS and is being phased out on Android), it does not seem to be a worthwhile investment of resources.


    I can’t answer for Microsoft about games. For all mobile platforms, it is the game development companies that we are encouraging to make games for Windows Phone devices.


    There has been much larger demand for yellow than or operator customers estimated when initial production planning was done. As well, to get the beautiful finish without flaws, it turns out that it is a harder product to make.


    Sorry, I can’t comment on future product plans for Verizon or other companies.


    Thanks for your support,


    17 Jan 2013, 01:56 PM Reply Like
  • yongshuai
    , contributor
    Comments (62) | Send Message
    very cool!
    17 Jan 2013, 04:40 PM Reply Like
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