Reuters logo
BRIEF-Nokia Technology: personnel reductions to affect up to 310 employees
October 10, 2017 / 6:14 AM / a month ago

BRIEF-Nokia Technology: personnel reductions to affect up to 310 employees

Oct 10 (Reuters) - NOKIA OYJ:

* NOKIA FOCUSES ON PATENT, BRAND AND TECHNOLOGY LICENSING AND TARGETS FASTER GROWTH IN DIGITAL HEALTH WITH SHARPENED STRATEGY FOR NOKIA TECHNOLOGIES

* ‍PLANNED CHANGES EXPECTED TO IMPACT NOKIA TECHNOLOGIES EMPLOYEES MAINLY IN FINLAND, US AND UK​

* ‍NOKIA‘S SUCCESSFUL PATENT LICENSING BUSINESS IS NOT IN SCOPE OF PLANNED CHANGES​

* ‍AIMS TO HALT DEVELOPMENT OF FURTHER VERSIONS OF OZO VR CAMERA AND HARDWARE, WHILE MAINTAINING COMMITMENTS TO EXISTING CUSTOMERS.​

* ‍POTENTIAL REDUCTIONS ARE EXPECTED TO AFFECT UP TO 310 OF ROUGHLY 1090 EMPLOYEES IN NOKIA TECHNOLOGIES, MAINLY IN FINLAND, US AND UK.​

* ‍NOKIA TECHNOLOGIES PLANS TO REDUCE INVESTMENTS AND FOCUS MORE ON TECHNOLOGY LICENSING OPPORTUNITIES.​

* SAYS ‍PATENT LICENSING BUSINESS IS NOT IN SCOPE OF PLANNED CHANGES​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below