Wednesday, 25th November 2009
In Events In Japan,
Nokia announces Japanese job losses
Mobile phone manufacturer Nokia has announced it is to cut jobs in its Japanese operations.
According to the firm, around 220 research and development jobs will be cut as the company moves towards the production of less phone models.
The firm will now focus on making "iconic" phones and is planning on cutting down on the number of models it produces.
Earlier this year, Nokia cut 2,400 jobs around the world and also imposed temporary redundancies in Finland, where the firm is based.
Commenting on the Japanese cuts, Nokia said: "Japanese manufacturers are important partners who play a critical role in Nokia's global supply chain strategy and with whom Nokia continues to develop its world-class logistics operations."
Nokia is the globe's top mobile phone manufacturer and has previously released around 50 new models every year.
According to the Associated Press, the company sold 468 million handsets in 2008.
Written by Kimberley Homer.