Nokia to hand over 700 pink slips in the UK


UK Today News: Finnish cell phone manufacturing giant Nokia, in a shocking revelation, has decided to curb about 700 jobs in UK. The curb in the employment is a part of its plans to reduce 4,000 jobs globally, within two years.

The major cut down has been made in the departments of Research and Development. By 2012, the Research and Development offices in Hampshire, Southwood and Farnborough are scheduled to be shut down.

Nokia has 2,400 staff in the UK and the jobs related to software, research and development would be curbed. Globally, 3,000 staff are planned to be transferred to Accenture, which would soon be taking over the Symbian software of Nokia.

The mobile phone company has said that the cuts have majorly affected places like Finland, Denmark and UK. Meanwhile, Nokia is currently focusing on the production of smart phones. The company is looking forward to increase its capacity to produce more smart phones in future. In some development, the company has already finalized a deal to develop smart phones technology with Microsoft. According to the deal, Nokia has agreed to use the operating system of Microsoft, instead of using its own Symbian software. The company has also assured that the talented people will be assured of long term re-employment programs.