Nokia is closing its R&D site in Jyv
Falling phone sales are forcing Nokia to make the cuts, the company said. Nokia reported fourth-quarter sales down about 19 percent year on year. The company also sold fewer phones: 113.1 million, 15 percent fewer than it sold a year earlier, and also lower than the 117.8 million it sold during the third quarter.
The Jyv
Nokia will also temporarily lay off some manufacturing staff in Salo making devices such as the company's Nseries multimedia phones and Eseries business phones. It plans to lay off 20 percent to 30 percent of the 2,500 employees there on a rotational basis, for periods up to 90 days, according to a spokeswoman.
Other cuts will affect 60 employees in global support functions and 30 employees in the New Businesses entity in Services, Nokia said.
Nokia, like other vendors in the sector, aims to lower its costs -- in Nokia's case by more than