Nokia to slash over 1,100 IT jobs

The company announced today that it will layoff 300 employees and will transfer 820 employees to HCL Technologies and Tata Consultancy Services.

Nokia today announced that it was cutting over 1,100 IT jobs from its workforce.

The company says that it will lay off 300 employees currently working in an IT function. Nokia will also transfer up to 820 employees to IT services firms, HCL Technologies and Tata Consultancy Services.

Nokia announced in June that it would make broad cuts -- about 10,000 layoffs -- across its business to save money and make its operation more agile. According to the company, the IT cuts will be the last part of that plan.

Nokia will offer employees affected by the layoffs "both financial support and a comprehensive bridge support program," the company said today. The vast majority of affected employees are based in Finland.

Featured Video
This content is rated TV-MA, and is for viewers 18 years or older. Are you of age?
Sorry, you are not old enough to view this content.

Details about Apple's 'spaceship' campus from the drone pilot who flies over it

MyithZ has one of the most popular aerial photography channels on YouTube. With the exception of revealing his identity, he is an open book as he shares with CNET's Brian Tong the drone hardware he uses to capture flyover shots of the construction of Apple's new campus, which looks remarkably like an alien craft.

by Brian Tong