Nokia to Cut Hundreds of Jobs Worldwide
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Top mobile phone maker Nokia plans to cut hundreds of jobs in Finland and abroad as it seeks to curb research spending, but said on Tuesday it would also boost production staff at a key handset plant.
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2,300 layoffs Nokia is shut down its Bochum plant in Germany by mid 2008. The closure will affect at least 2,300 Nokia employees, the company said today.â¦
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Nokia , the world's top  cellphone maker, said on Tuesday it plans to close its plant in  Bochum, Germany, by mid-2008 and may cut up to 2,300 staff as  it moves production to lower-cost regions.
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Cingular Wireless, the nation's largest cellular phone company, plans to cut about 10 percent of its work force, or 7,000 jobs.
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Motorola will cut an additional 4,000 jobs as the mobile phone maker tries to cope with tough global competition.
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Connecting people? German politicians will investigate whether Nokia took unfair advantage of state and EU subsidies after it announced the closure of its handset assembly plant in Bochum in North Rhine-Westphalia. Nokia employed more than 2,300 people there in exchange for EU subsidies.â¦
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Nokia Corp. on Tuesday cut its operating margin targets, blaming increased exposure to the network infrastructure business.Comment
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Nokia's plans to close a plant in Germany have sparked calls for a boycott and warnings from the German government.
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Motorola (Quote, Chart) said it would cut 1,000 jobs, a move prompted by the spinout of its Freescale Semiconductor (Quote, Chart) subsidiary.
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Nokia Corp. said Thursday it will lay off up to 700 people globally, mostly in its enterprise business operation, in a move to increase efficiency and improve competitiveness.
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Nokia Siemens Networks, the Finnish-German telecom networks manufacturer, said Friday it would cut 2,290 jobs in Germany as part of a restructuring plan.
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Nokia , the world's largest  cellphone maker, said on Monday it had begun global shipments  of N81 and N81 8GB multimedia phones.
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Stockholm - Nokia, the world&#39;s biggest cellphone maker, took market share in the second quarter by cutting prices and introducing new models, rebounding from its lowest level since 1999, market researcher Gartner said yesterday.
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AMSTERDAM: Nokia, the world&#39;s biggest mobile phone maker, said on Wednesday it will create a single software platform for smart mobile phones that double as TVs, MP3 players, radios and e-mail devices.
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Nokia, the world's largest mobile-phone maker, has lowered its profitability targets in spite of rising sales, highlighting the growing difference in its performance with that of rival Ericsson.
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Motorola Inc., the world's No. 2 maker  of cell phones, on Tuesday said it would cut 1,000 jobs in  three of its units as it puts its effort behind wireless  communications in an increasingly competitive market.
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The Wall Street Journal reports that the No. 3 cell phone operator in the country is preparing to lay off thousands of workers to help get its business back on track.