Nokia cutting about 800 jobs in Finland, delays E7 until 2011


TS Rookie
Nokia, the world's largest phone manufacturer, is planning to cut about 800 jobs at home, in Finland, starting in January. Affected employees will be notified sometime in the next few days.

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TS Rookie
The company's problem, aside from sticking with Symbian OS for smartphones, is that they haven't brought any fresh concepts into the market place in the last few years. As a consequence, Samsung has been making great strides in catching up to Nokia. The reported hardware failures besetting the N8 and C7 models hasn't helped at all and now this. Investors won't be happy.

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