Cell phone maker Nokia to cut 4,000 jobs globally
2/9/2012BERLIN — Nokia Corp., the biggest maker of cell phones by volume, said Wednesday it would eliminate 4,000 manufacturing jobs, or 7 percent of its global work force, as it moved to save money from production of smart phones.
The company said the cuts would be made at three factories in Hungary, Mexico, and Finland as it transferred the assembly of smart phones to factories in Asia closer to makers of components.