Nokia to Lay off a Few Hundred R&D Staffers as It Trims Research Costs
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Nokia Corp., the world's biggest mobile phone maker, said Tuesday it plans to lay off "a few hundred" research and development workers globally including up to 250 in Finland in a move to cut R&D costs.
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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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HELSINKI: Nokia said the respected head of its networks unit had resigned and another top networks official left in the second major departure of top management in two weeks at the world&#39;s largest mobile phone maker.
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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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Two executive board members at Nokia resigned on Friday, bringing to three the number of top level managers to leave the worldâs largest producer of mobile phones in the last two weeks.
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Motorola Inc  is aiming to cut  its quarterly research and development expenses for mobile  devices by about 15 percent by the end of 2007 to try to return  to profitability.
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(InfoWorld) - Nokia and the University of Cambridge in the U.K. have agreed to collaborate in several areas of long-term research, beginning with nanotechnology. The Finnish handset maker will establish a research facility, initially with a team of 10 scientists, at the university's West Cambridge campus and work with several departments, including the Nanoscience Center and the Electrical Division of the Engineering Departments, the company said Tuesday. Nokia scientists will focus initially on nanotechnology, a branch of science and engineering devoted to the design of extremely small electronic devices and circuits built from individual atoms and molecules. Space has become a precious commodity in compact mobile phones already packed with advanced functions, such as digital cameras, music players, mobile TV, and cashless payment. A joint steering committee established by Nokia and Cambridge will review ongoing work and select new projects. Nokia joins several other high-tech companies seeking to take advantage of the scientific know-how available at the nearly 800-year-old University of Cambridge, which boasts more than 80 Nobel Price laureates. Microsoft has established its European R&D (research and development) center at the prestigious university. Japan's Hitachi also has an R&D center on the campus.
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Mobile phone maker had earlier said it would cut 3,500 jobs by June 30 as part restructuring plan to lower costs.
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(InfoWorld) - Nokia Corp., the world's top handset maker, said on Thursday it plans to reshuffle 700 employees over the next few months, citing a need to improve its focus and efficiency. Nokia will try to move some employees into new positions in the company, while others could take voluntary severance packages, said Arja Suominen, vice president of communications. She said she did not know many employees would be laid off, although the company will study the shuffle. Those affected are 360 employees in Nokia's Enterprise Solutions business group; 140 in the Software Platforms area of its Technology Platforms unit; 130 who deal with the company's global IT operations; and 30 in Customer and Market Operations. It wasn't clear where the remaining 40 employees work, although Nokia said the changes would affect a maximum of 700 workers. Nokia said 340 of those staff affected are based in Finland. Nokia employs 68,000 worldwide. Nokia said its Enterprise Solutions division would take a sharper focus on markets where there is a greater return on investment. Nokia posted losses for the division in every quarter in fiscal 2006, including an operating loss of â¬64 million (US$83 million) in the fourth quarter. "It's very clear we will need to make that business profitable," said Olli-Pekka Kallasvuo, president and CEO of Nokia, referring to the enterprise division. "We're looking at different options in order to do that." He spoke during a press conference at the 3GSM World Congress in Barcelona on Monday and didn't hint at the cuts announced on Thursday. Nokia said it also wanted greater efficiency from the R&D (research and development) efforts of its Technology Platforms unit. Nokia has suffered declining sales in North America while the average selling price of its models has also fallen. However, profits and revenue have remained strong, and the company reported a 19 percent increase in net profit for its fourth quarter ended Dec. 31, 2006, over a year prior, up to â¬1.3 billion. Â  Nancy Gohring in Barcelona contributed to this report.
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Motorola Inc. MOT.N, 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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Palm Inc., the troubled maker of Treo smart phones, laid off about 10 percent of its work force this week to cut expenses, according to a person familiar with the situation.
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Finnish mobile giant Nokia is losing the head of its networks division, the second senior executive to leave the unit in two weeks.
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Wireless carrier Sprint Nextel Corp   plans to lay off several thousand employees, the Wall  Street Journal reported on Monday.
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Nokia Corp. on Tuesday cut its operating margin targets, blaming increased exposure to the network infrastructure business. It also predicted global sales of mobile phones would grow by 10 percent in 2007.
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The German car maker BMW is set to eliminate "several thousand" jobs next year as part of a cost-cutting plan, a spokesman for the group told AFP on Friday.
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Motorola Inc. said Wednesday it would lay off 4,000 more workers as the Illinois-based company works to improve its financials.
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The mobile phone giant Nokia said that Sari Baldauf, head of its networks unit and long seen as a possible successor to company chief Jorma Ollila, will leave the group early next year.