Paris - Loss-making Finnish cellphone maker Nokia plans to
cut another 10 000 jobs globally and warned the second-quarter loss from its
cellphone business would be larger than expected.
The cuts bring total planned job cuts at the group since
Stephen Elop took over as chief executive in September 2010 to more than 40
Nokia said it would book additional restructuring charges of
around €1bn by the end of 2013.
Nokia stock has crashed more than 70% since it announced in
February 2011 it was dropping its own Symbian smartphone operating software and
switching to Microsoft's largely untried
Windows Phone system.