- Nokia Siemens to cut 17000 jobs
Nokia has announced more than 10,000 layoffs for this year and next as a part of its effort to switch its devices over to Microsoft's Windows Phone operating system.
And on Wednesday, Nokia Siemens Networks, a joint venture between Nokia and Siemens(Germany's equivalent to General Electric Co. in the U.S.), announced that it is cutting 17,000 jobs.
