It’s always sad to hear about people losing their job – especially when it’s lots of redundancies from the same company – and it’s also surprising when it’s a big company. Nokia have recently confirmed that they’re going to be losing at least 7000 staff in the coming months because it needs to reduce its operating costs. It’s a sad day for everyone that’s going to lose their job, and it also raises questions about how long the phone manufacturer will be able to survive.
In truth, only 4000 people will actually lose their jobs, with another 3000 who’re working on Symbian being moved to Accenture. The company say that people who’re going to lose their jobs will be able to pick up their pay until the end of 2011.
I’ve read that the amount of redundancies in the UK is going to be around 700. That’s a lot of people to lose their jobs in one go, and shows how much Nokia feel they need to reduce their costs and workforce.
The jobs aren’t going to all go at once though. Instead, Nokia plans to have several phases of reduction until the end of 2012. Apparently the company is already talking to groups who represent their employees. I’ll keep the blog updated with news on this story as it develops.