Tag: Nokia India

Nokia drops 1000 employees, finishing plant aiming on software

nokia 300x199 Nokia drops 1000 employees, finishing plant aiming on softwareNokia the world’s largest most trusted firm, now cuts more than 10,000 of jobs in appreciation of converting old factory into software peripheral manufactured firms in Asia.

In support of unions, Nokia announced to cut 2,300 jobs in Komarom, Hungary and 1,000 jobs in Finland, 700 in Reynosa, Mexico that plan will be started at the end of June.

The company stated in a statement, Most of the cuts at Salo, the factory that manufactured smartphones for European markets, which were in line with the plan announced Feb. 8, will take place by the end of June. Read more

Nokia will close mobile money service in India

nokia money service 273x300 Nokia will close mobile money service in IndiaNow Indian users of Nokia who are being served with its financial services, has to been disgrace because it is likely to go for closing down Nokia Money service that runs in India.

The company announced, “The mobile financial services business is not core to Nokia so we plan to exit the business.”

Further it said that the company wanted to continue to narrow its focus on its phone business and location-based services that much appreciated by Indian customers.

Leading with restrict business model in India, Nokia plans to exit its financial services as one of the major business opportunities in the wireless industry that has become a big business only in Kenya and the Philippines. Read more

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