Sad news out of Finland this morning, folks: according to a company statement sent to Reuters, Nokia will be laying off somewhere around 800 employees at their Finnish home base. Affected employees will get the heads up sometime in the next few days, with the layoffs going into effect come January.
On the upside, it looks like the severance packages will cover anywhere from 6 to 15 months at the affected employees previous salary rate; on the downside… well, they’re losing their job. Our thoughts go out to our Finnish friends caught in the heat here.