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Nokia Cuts Jobs

200 positions to go from Internet services

Michelle Donegan

August 20, 2008

1 Min Read
Nokia Cuts Jobs

12:30 PM -- Nokia Corp. (NYSE: NOK) said today that it will cut 200 jobs from its Services and Software business division, where the Ovi-branded Internet services strategy was hatched one year ago. The handset maker that is trying to become an Internet services company said the job cuts come from plans to "integrate some of our content delivery services into a single service." About half the jobs concerned are in Finland. (See Nokia Stakes Claim on Services.)

The Finnish company stressed that its Internet services strategy has not changed and that it was still focused on music, games, messaging, and location-based services. (See Nokia N-Gages With Mobile Games.)

Nokia has had some success with signing up a few key operators to its Ovi services, including Telecom Italia Mobile SpA (Milan: TIM), Telefónica SA (NYSE: TEF), and Vodafone Group plc (NYSE: VOD). (See Telefónica Hugs Ovi, Vodafone Opens the Ovi, and Nokia, TIM Do the Net.)

Nokia said it plans to hire more than 200 people in the Services and Software division, so it is likely that most of the affected employees can be moved to new jobs in the company.

— Michelle Donegan, European Editor, Unstrung

About the Author(s)

Michelle Donegan

Michelle Donegan is an independent technology writer who has covered the communications industry for the last 20 years on both sides of the Pond. Her career began in Chicago in 1993 when Telephony magazine launched an international title, aptly named Global Telephony. Since then, she has upped sticks (as they say) to the UK and has written for various publications including Communications Week International, Total Telecom and, most recently, Light Reading.  

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