Nokia cuts 4000 jobs; Symbian developers to land at AccentureIn Blog
Nokia said Wednesday that it will cut about 4,000 workers by the end of 2012. About 3,000 of those workers focused on Symbian software development will land at Accenture.
In a statement, Nokia said the layoffs, which were expected, are part of a move to realign its strategy behind Windows Phone 7. Nokia is looking to cut expenses by 1 billion euros in 2013 compared to 2010.
The job cuts will affect workers in Denmark, Finland and the UK. Nokia will also consolidate its research and product development sites. Workers will stay on Nokia’s payroll through 2011 and job cuts will start in phases through 2012.
Another part of Nokia’s realignment is a pact with Accenture. Under that deal, Accenture gets 3,000 Nokia employees who will focus on Symbian. That phase is a straight-up outsourcing deal. Typically, companies outsource operations to a vendor and offloads workers. Nokia will transfer Symbian focused workers in China, Finland, India and the UK to Accenture by the end of 2011.