Silobreaker.com    Log In
   My Page    Help   
360° SearchNetworkHot SpotsTrends
 
Advanced Search Options >>
Saturday, November 21, 2009 11:25 PM

Published 11/03/2009 by Moneynews


Nokia Siemens Networks Laying Off 5,700

HELSINKI -- Nokia Siemens Networks said Tuesday it will lay off up to 5,700 workers globally as part of a move to cut annual costs by euro500 million ($740 million).

The mobile network equipment maker -- a joint venture between Finland's Nokia Corp. and Siemens AG of Germany -- said it will reduce its five business units...

Share this 

What others report on the same story

Nokia Siemens Axing Up To 5,700 Jobs
Finnish mobile giant Nokia ( NYSE: NOK ) will lay off up to 5,700 jobs at Nokia Siemens Networks (NSN), the telecom infrastructure JV between Nokia and Siemens, ... - [11/04/2009 - mocoNews.net]
NSN may cut nearly 6,000 jobs
, reeling from weaker sales and declining market share, said it may cut as many as 5,760 jobs as part of a broad restructuring and cost-cutting program. The program ... - [11/03/2009 - Fierce Wireless]
Nokia plans up to 5,800 job cuts
Struggling telecom equipment maker Nokia Siemens Networks aims to cut up to 5,800 jobs and save more than ¬1 billion to stay competitive in the market.The company ... - [11/03/2009 - Irish Times]

Quotes

...acquisitions "where assets would add scale to existing product areas or customer relationships."
Nokia Siemens Networks Laying Off 5,700 [Moneynews - 11/03/2009]
"As our customers make purchasing decisions, they want a partner who engages in issues well beyond a traditional discussion of technology" said Rajeev Suri...
Nokia Siemens Networks Laying Off 5,700 [Moneynews - 11/03/2009]
...should become "a significant part, as it should be, of the profitability of Nokia, and Siemens too" adding that was ''room...
Nokia Siemens Networks Laying Off 5,700 [Moneynews - 11/03/2009]

Related Stories

First Reported 11/09/2009 - Updated 11/10/2009 - 106 Documents
Nokia Corporation - Click to view image in its original context
Nokia Corporation
Nokia faulty charger alert
Up to 14 million chargers may require an exchangeNokia has issued a press release warning their customers of a faulty charger that could provide an electric shock with continued use.The charger in question was made by a third-party company. The come from ... [Mobile Choice Magazine - 11/10/2009]
Entities: Nokia Corporation
First Reported 11/09/2009 - Updated 11/10/2009 - 21 Documents (in Internet & IT)
Nokia to recall 14 mln chargers
BEIJING, Nov. 10 (Xinhuanet) -- Finnish mobile giant Nokia announced Monday that its 14 million mobile phone chargers could be potentially dangerous for users, and said it had started a program for consumers to replace them for free.The chargers to be ... [Xinhua News Agency - 11/10/2009]
First Reported 10/27/2009 - Updated 10/28/2009 - 42 Documents (in Internet & IT)
China Mobile Communications Corp - Click to view image in its original context
China Mobile Communications Corp
China market: Nokia set to launch first TD-SCDMA handset by year-end
Nokia has announced its first TD-SCDMA handset, the 6788, which it expects to launch in the China market by the end of December 2009 in partnership with China Mobile.Olli-Pekka Kallasvuo, President and CEO of Nokia, introduced the 6788 at a recent event ... [DigiTimes - 10/28/2009]
First Reported 11/03/2009 - Updated 11/04/2009 - 7 Documents (in Internet & IT)
Nortel Networks Corporation - Click to view 360-page
Nortel Networks Corporation
Nokia Siemens: Hot for Nortel's MEN?
On the day that Nokia Siemens Networks announced it was hunting for acquisitions, news emerged that the Finnish-German vendor is mulling a bid for Nortel Networks Ltd. 's Metro Ethernet Networks (MEN) business, according to this Bloomberg report. (See ... [Light Reading - 11/04/2009]
First Reported 10/30/2009 - Updated 10/31/2009 - 20 Documents (in Internet & IT)
Nokia’s N-Gage Fails
Nokia Ovi will end its gaming service N-Gage next year, the companies first unsuccessful run of a major service, Reuters reported.At the top of the list, Nokia plans to pursue revenue from online services - specifically games and music.  Its proven handset ... [Red Orbit - 10/31/2009]
First Reported 11/10/2009 - Updated 11/10/2009 - 11 Documents (in Internet & IT)
Apple Inc - Click to view image in its original context
Apple Inc
Apple overtakes Nokia as most profitable phone maker
iPhone pushes Nokia down to No. 2Apple is now the single most profitable phone maker in the US, Strategy Analytics said today. Although it has just 2.5 percent share and makes just two similar iPhone models, Apple is estimated to have generated about ... [Electronista - 11/10/2009]
First Reported 11/09/2009 - Updated 11/09/2009 - 5 Documents (in Internet & IT)
Nokia Siemens Networks - Click to view image in its original context
Nokia Siemens Networks
leo plans aggressive expansion in Namibia
Mobile operator leo, a subsidiary of the Orascom Telecom company Telecel Globe Limited, is upgrading its mobile services to exploit the huge potential for growth in Namibia.The company has selected Nokia Siemens Networks to expand its pre-paid capability ... [IT-Online - 11/09/2009]
First Reported 11/04/2009 - Updated 11/05/2009 - 11 Documents (in Internet & IT)
Nokia unveils five new mobile phones
Nokia has launched five new low-end phones, which will support its Life Tools service that is expected to be available across Indonesia in December 2009.The Nokia 1280, Nokia 1616 and Nokia 1800, priced at €20, €24 and €26, respectively (before taxes ... [Computer Business Review - 11/05/2009]
First Reported 11/02/2009 - Updated 11/03/2009 - 10 Documents (in Internet & IT)
GOOGLE INDIA LAUNCHES VOICE SEARCH FOR NOKIA USERS
Search engine major Google on Tuesday unveiled a mobile application for Nokia handsets that will allow users find information through speech."The application is equipped with speech recognition technology to understand Indian accents. Its software enables ... [Individual.com - 11/03/2009]
First Reported 11/10/2009 - Updated 11/10/2009 - 13 Documents (in Internet & IT)
Nokia Launches Critical N900 Phone
When thousands of suppliers, developers, and analysts converged on Stuttgart in September to attend Nokia World, the Finnish company's annual in-house trade fair, the buzz was all about the new Booklet 3G netbookNokia's first foray into the hot category ... [BusinessWeek - 11/10/2009]
First Reported 11/09/2009 - Updated 11/10/2009 - 10 Documents (in Internet & IT)
Nokia to replace defective chargers
Nokia, the world’s largest mobile handset manufacturer, has announced that it would exchange chargers of a particular make of its Nokia 7210 phone as “their plastic covers could come loose”. This poses a threat of electric shock to users.The exchange ... [Hindustan Times - 11/10/2009]
First Reported 11/05/2009 - Updated 11/06/2009 - 11 Documents (in Internet & IT)
Nokia teams up with Rihanna
Nokia has joined forces with R&B star Rihanna for the launch of the Nokia X6 handset and Rihanna's upcoming album, R Rated.The partnership with Rihanna’s record label Island Def Jam Music Group and Universal Music Group International marks the start ... [Mad.co.uk - 11/06/2009]
In Focus
Network

Blogs

sort by: Date | Relevance
Nokia Siemens eyeing cost cuts, layoffs [CNET News.com - 11/03/2009]
Damaged by lower sales, huge operating losses, and a falling market share, Nokia Siemens Networks is pinning its hopes on a major reorganization.The network equipment ...
Nokia Siemens Announces Ambitious Employee Sack... [All Things Digital - 11/03/2009]
They’re swinging the ax over at Nokia Siemens again. The mobile network equipment maker said today that it plans to reduce its 64,000-strong workforce by up to nine ...
Nokia Siemens Announces Ambitious Employee Sack... [All Things Digital - 11/03/2009]
They’re swinging the ax over at Nokia Siemens again. The mobile network equipment maker said today that it plans to reduce its 64,000-strong workforce by up to nine ...
Nokia Siemens eyeing cost cuts, layoffs [CNET News.com - 11/03/2009]
Network equipment maker announces major reorganization, with cost cuts and layoffs in plan to slash operating expenses by 500 million euros by end of 2011. ...
Nokia Siemens Announces Ambitious Employee Sack... [All Things Digital - 11/03/2009]
They’re swinging the axe over at Nokia Siemens, again. The mobile network equipment maker said today that it plans to reduce its 64000-strong workforce by up to ...
1 2 3 4 5 6 7 8 9 10 ...

Audio/Video

sort by: Date | Relevance
Nokia Netbook "Booklet" [TheStreet.com - YouTube - 10/28/2009]
Job hopes [Reuters Video: Business - 11/04/2009]
Labor Secretary Says Job Losses Are Slowing [Associated Press - YouTube - 11/06/2009]
Obama Warns of Future Job Losses [ABC News Video: Politics - 11/02/2009]
BA staff angry at job cuts as Christmas strike ... [ITN News - YouTube - 11/02/2009]
1 2 3 4

  •  
  •  
  •