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Nokia Completes Job Cut Negotiations With Few Divisions In Finland

Finnish mobile giant Nokia announced on Wednesday that it is done with the negotiations involving the proposed job cuts at some of its divisions in Finland.

As revealed by the company, it had finished the job cut talks for the Meego and Symbian software development units, as well as in the mobile devices unit; whereas negations were still on for other business areas.

Nokia also said earlier that it intends to carry out the job reduction process in multiple phases till the end on 2012, and that all the existing employees can continue working with it until the fall of 2011.

Nokia previously announced that it was looking forward to reduce its workforce in Finland by at least 1400 people.

The proposed job-cuts are going to take place at a crucial juncture for the company, which is already going through massive challenges coming from rivals Research In Motion, Google’s Android as well as Apple.

Nokia has already lost fair bit of its stake in the mobile market, which has eventually forced it to take some prompt action in order to stay alive and healthy in the business.

Nokia disclosed today that as a part of these remedial plans, it has reached an agreement with Accenture, which will see the company’s Symbian software development unit, along with the 2400-strong-workforce, outsourced to the global management consulting firm.

Ravi Mandalla was ITProPortal's Sub Editor (and a contributing writer) for two years from 2011. Based in Ahmedabad, India, Ravi is now the owner and founder of Parity Media Pvt. Ltd., a news and media company, which specializes in online publishing, technology news and analysis, reviews, web site traffic growth, web site UI. Ravi lists his specialist subjects as: Enterprise, IT, Technology, Gadgets, Business, High Net Worth Individuals, Online Publishing, Advertising, Marketing, Social Media, News, Reviews, Audio, Video, and Multi-Media. He has also previously worked as Dy. Manager - IT Security at (n)Code Solutions.