Nokia to Cut 4000 jobs, Symbian development to Accenture

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Espoo Finland  - Nokia announced a new company strategy that will cut 4,000 jobs worldwide by 2012. The most affected is the Symbian division. With workforce coming from Denmark, Finland and the UK.

Nokia has partnered Accenture to transfer all its Symbian development/activities to this outsourcing company.

The company goal is  to reduce its Devices & Services operating expenses by 1 billion euros for the full year 2013 in comparison to the full year 2010. - Tech Crunch.

I think Nokia will  focus on the future development of Microsoft Windows Phone mobile OS. As Android and iOS dominating the market, this is a bold move from the number 1 mobile producer.

Would MS Mobile can compete with Android and iOS? It would take a year or two to see the real impact of Nokia's - Microsoft partnership.

Read the Full Press Release;

 Source: TechCrunch