Showing posts with label Nokia. Show all posts
Showing posts with label Nokia. Show all posts

Nokia to cut more than 1,800 jobs despite profits unveiling EUR 322 million

The Finnish company which produces 30pc mobile in the world, said cuts, coming on top off the coast of nearly 6,000 jobs lost in its division of Nokia Siemens last year, are part of its plans to improve its below by performance.

Stephen Elop, who took over as Chief Executive last month, said: "our company faces a remarkably disruptive time in the industry, with recent results that we should revise our role in the demonstration, our approach to this industry."

Nokia, once the pre-eminent brand mobile phone has lost ground to rivals such as Apple and smartphones using Google's Android operating system.

New sections were as Nokia announced results for the third quarter better prĂ©vu.La society recorded net profits of 322 million euros (£ 289 m) 5mC 10 revenue €. 27bn.

Sales increased by 61pc 26.5 m units and the average handset sales prices rose from €64 to €65 after a series of quarterly declines.


View the original article here

Powered by Blogger