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Nokia sacks 300 IT employees, transfers 820 to other companies

17 January, 2013 | Read the news | Post your comment
Nokia sacks 300 IT employees,  transfers 820 to other companies - read the full textNokia is still not over the hard times. The company sold its headquarters and leased it back, laid off 1000 factory workers in Finland, slashed another 4000 but still promised to open up to 4000 new jobs in its Vietnam-based factory. Nokia's international IT organization that will now have to...


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> In reply to riyaz madappally @ 2013-01-18 04:26 from Mfxb - click to readyou sure dude? Know about business first. Any idea about HONDA?. Cmo'n ds s d fresh start after fall. Sure nokia has s0methng to sh0w on its sleeve by this year. WP are growing faster than it s xpected.

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  • 2013-01-18 05:29
  • t7Xk

> In reply to droopy @ 2013-01-18 04:51 from 8CQa - click to readkick out elop from nokia. Nokia+Google= the ultimate winner

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  • 2013-01-18 05:27
  • uNVC

> In reply to [deleted post]Nope. Haters gonna hate. because thats the only thing they are good at. Problem?

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  • 2013-01-18 05:26
  • tt1x

Despite losing a little less each quarter since Kazuo Hirai took over as CEO, Sony still appears to be looking for ways to cut the fat. Its latest move? Sell the house. Taking a page from Nokia's book, Sony has announced that it has agreed to sell its New York headquarters building to a consortium led by The Chetrit Group - LOL so much for Android :D

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  • 2013-01-18 05:17
  • tt1x

16- 20 months ago, I said Nokia will have 5 years left before bankruptcy sets in.

3 years left to pull their fingers out and move to the dark side and partner up with Google or Intel at very least start looking at some Linux Distro, n900 series running unbuntu?

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  • 2013-01-18 05:12
  • sG%5

> In reply to Anonymous @ 2013-01-18 03:56 from D3%$ - click to readGood point mate, but that's not all. Nokia is NOT struggling to establish itself, everybody knows who Nokia is. Think about it for a minute: Take Nokia's aesthetics and build quality and know-how and support. Add a dominant OS-ecosystem. Finally add a reasonable price. It's a win-win scenario here, my friend. Even the most dedicated fan boys of other manufacturers would switch to such a phone. Not to mention the effect on others e.g. Samsung or Sony. Nokia is a major player and their involvement would surely change the balance.

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  • 2013-01-18 05:11
  • 0Zri

> In reply to Anonymous @ 2013-01-18 04:57 from q{pE - click to readGive me one Android that has a cost advantage over 620.

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  • 2013-01-18 05:00
  • tt1x

> In reply to Anonymous @ 2013-01-18 04:48 from PG5Y - click to readthere are plenty of android handsets that have major cost advantage over 620.

samsung and htc makes tons of android phones but only 1 or 2 wp8 phones. want to know why? because there are no profits to be made there. they only release 1 or 2 wp8 phones just to test out the market. that's it. wp8 is a flop, yet again. nokia is as good as dead

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  • 2013-01-18 04:57
  • q{pE

Nokia is a dead company. Symbian is dead and now windowsphone 8 is also without sales. Nokia falls. Elop fire?

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  • 2013-01-18 04:51
  • 8CQa

> In reply to [deleted post]Nokia's rise will probably help Apple, as most of the market share taken will be from Android. Remember, Lumia 620 and other low end phones may prove to be tempting to the low end smartphone user over Android.

With Samsung the only one making profits in Android, OEMs will be tempted to go to WP8 which is already happening. LG and Asus have announced interest in WP8. Ironically, Android's strongest player may be the very reason for Android's downfall in smartphones.

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  • 2013-01-18 04:48
  • PG5Y

Nicely written by Adam Z. Lein on : - Thereís too many pizza places on this street.
You donít succeed in business when you do exactly the same thing as everyone else. Thereís really only one manufacturer using Android that has actually seen continued success with it and thatís Samsung. HTC, LG, Sony, etc, are struggling a bit while Samsung and Apple are at the top. Putting Android on a phone doesnít automatically make you successful. It would be like opening a pizza place on a street next to 5 other pizza places and one store that sells apples. Sure, pizza is great and some say it tastes better than fruit, but if you want to stand out in the food business, you have to do something new. Thatís why Nokia has gone all in with Windows Phone. Itís fresh, itís different, and itís tasty.

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  • 2013-01-18 04:45
  • tt1x

> In reply to riyaz madappally @ 2013-01-18 04:35 from Mfxb - click to readYou dream negatively a lot, do you dream that much negativity for yourself too? Samsung is No.1 today not because it defeated Nokia, because Nokia you can say got injured. It was not as if Samsung took that spot from Nokia, it was given to them, cause there was no choice.

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  • 2013-01-18 04:44
  • tt1x

is there a traitor in Nokia that's why hundred IT employees has been layoff? Did Stephen Elop sacks only millions of money?... I'm Nokia fan and Android fan, not Apple. It's time for me to go to Android.

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  • 2013-01-18 04:40
  • ther

nokia will introduce lumia 100 for 50 $..
3 inch resistive screen
vga camera
16 mb ram
512 mb in built memory card support..
after all they will give 5 years replacement warrenty (because tHey know clearly 2013 is their end)

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  • 2013-01-18 04:35
  • Mfxb

Nokia is taking the right steps, even though it is sometimes painful. WP8 and Lumia are registering great growth, but Nokia still needs to be leaner. The financial support and compensation program shows that it is truly Nokia that is designed for humans, and not Samsung lol.

Hopefully Nokia will regain its former strength. Signs are positive so far.

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  • 2013-01-18 04:35
  • PG5Y

nokia and samsung in 2012

-nokia managing director resigned the job
-nokia sold the head office building in finland & now they are paying rent for the same building
-nokia stopped symbian operating system because of less sales
-nokia is 5th in smart phones market share
-nokia lost their number 1 position after 14 years on last july

-samsung is worlds number 1 smart phone brand from 2010 onwards
-samsung is now worlds number 1 mobile phone brand with 30% market share
-galaxy note 2 and galaxy s3 are the largest selling smart phones in the world
-galaxy note 2 won the best smart phone award in 2012
-samsung achieved 30% more shipment of phones to international market

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  • 2013-01-18 04:26
  • Mfxb connected people..after 2008...people disconnected nokia...

Now Nokia don't know how to connect people..because people are more intelligent than nokia

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  • 2013-01-18 04:23
  • Mfxb

nokia will be gone in 2013. lumia will not save them, neither nokia maps. they tried to play the game. but, its a loss game from the begining. simply, nokia cant compet.

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  • 2013-01-18 04:19
  • 0Tcy

Elop is destroying Nokia, what is the problem with adopting Android Nokia????

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  • 2013-01-18 04:11
  • tufH

For everyone saying Nokia should move to Android, you should take a look at the quarterly earnings from Android smartphone producing companies. While Android is popular, only Samsung has been able to make consistent growing profit. HTC, LG, Motorola (before google), and Sony all reported either losses or greatly declining profits. It's pretty bad when HTC (reporting about 35% decrease in revenue) has the best earnings report of the 4.

Nokia (despite "poor" sales) outsold their estimates by quite a bit, and it is reflected in their stocks soaring over 30% recently.

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  • 2013-01-18 03:56
  • D3%$

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