Nokia announced this week that the company will cut 7000 jobs as a cost cutting measure. The New York Times reports that the cuts are in preparation for Nokia's partnership with Microsoft.
Stephen Elop, the former Microsoft executive who became Nokia’s chief executive in September, said the cuts and reorganization were needed to prepare for its partnership with Microsoft. Nokia plans to eventually phase out the Symbian operating system as it rolls out smartphones next year running Microsoft’s Windows Phone software.
“With this new focus, we also will face reductions in our work force,” Mr. Elop said. “This is a difficult reality, and we are working closely with our employees and partners to identify long-term re-employment programs.”
Stephen Elop, the former Microsoft executive who became Nokia’s chief executive in September, said the cuts and reorganization were needed to prepare for its partnership with Microsoft. Nokia plans to eventually phase out the Symbian operating system as it rolls out smartphones next year running Microsoft’s Windows Phone software.
“With this new focus, we also will face reductions in our work force,” Mr. Elop said. “This is a difficult reality, and we are working closely with our employees and partners to identify long-term re-employment programs.”
