Nokia cutting phone production

Next Story

BlackBerry 8900 now available from T-Mobile

nokia_hqAnd there goes the mobile cell phone market. Nokia is slowing the Finnish production elves ahead of financial loss. It seems that the company isn’t in dire trouble, but is taking a responsible stance and cutting before things hit the fan in the form of 0.08 Euro expected loss per share. And so Nokia is laying off 20 to 30 percent of the main assembly facility on a rotational basis which sounds like some folks are getting an impromptu vacation. Summer’s coming anyway. It will be nice. Sunshine will replace a paycheck.

blog comments powered by Disqus