Nokia cans 4,000 jobs, dumps Symbian on Accenture

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Nokia cans 4,000 jobs, dumps Symbian on Accenture

Alex Scroxton

Troubled mobility vendor Nokia is to cut 4,000 workers, mostly in Denmark, Finland and the UK, and will transfer its Symbian software activities - including 3,000 employees - to outsourcing hotshot Accenture.

The job losses will take effect in 2012 as Nokia gets under the covers with its new beau Microsoft to develop smartphones based on the Windows Phone platform.

The move is part of an effort to slash €1bn (£885m) in non-IFRS operating expenses in Nokia's Devices and Services business.

"At Nokia we have new clarity around our path forward," said CEO Stephen Elop. "However, with this new focus we will face reductions in our workforce. This is a difficult reality."

The firm said it intended to plough resource into a social responsibility programme for employees and communities likely to be heavily affected by the redundancies.

Meanwhile, Nokia's Q1 results, out last Thursday, showed a surprise uptick in sales to €10.39bn, up 9% year-on-year. Operating profit was down 18% on the year-ago period to €704m.

Nokia Siemens, its networking JV with Siemens, made sales of €3.1bn but reported an operating loss of €142m.


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