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Nokia axes 3,500 jobs

Troubled mobile phone company Nokia is to axe 3,500 jobs as sales of its handsets continue to plummet.

Troubled mobile phone company Nokia is to axe 3,500 jobs as sales of its handsets continue to plummet.

Nokia said the plans will start to affect staff numbers from next year.

It plans to close its manufacturing facility in Cluj, Romania, by the end of 2011. The company will also review the long-term role of its manufacturing operations in Salo, Finland; Komarom, Hungary; and Reynosa, Mexico.

"We must take painful, yet necessary, steps to align our workforce and operations with our path forward," said Nokia CEO Stephen Elop.

Nokia announced a partnership with Microsoft earlier this year to use the Windows 7 platform on its smartphones.

The news comes as educational technology suppler RM announces it is to slash 23% of its workforce due to public sector spending cuts.

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