Nokia has been slower than rivals to take advantage of the lucrative market for smartphones
Mobile phone maker Nokia has announced it will shed 4,000 jobs as part of a plan to refocus the company on smartphones.
Nokia said the majority of the job losses would be in Denmark, Finland and the UK.
The job losses will take effect from 2012.
The firm said it intended to increase its capacity for the development of Nokia smartphones based on the Windows technology.
"With this new focus, we also will face reductions in our workforce," said Stephen Elop, Nokia president.
"This is a difficult reality, and we are working closely with our employees and partners to identify long-term re-employment programs for the talented people of Nokia."
Nokia's response to the smartphone threat from companies such as Apple - specifically from the iPhone - has been long been a key investor concern.
The firm recently confirmed a deal with Microsoft to develop smartphone technology.
BBC News - Nokia to cut 4,000 jobs as part of reorganisation
Mobile phone maker Nokia has announced it will shed 4,000 jobs as part of a plan to refocus the company on smartphones.
Nokia said the majority of the job losses would be in Denmark, Finland and the UK.
The job losses will take effect from 2012.
The firm said it intended to increase its capacity for the development of Nokia smartphones based on the Windows technology.
"With this new focus, we also will face reductions in our workforce," said Stephen Elop, Nokia president.
"This is a difficult reality, and we are working closely with our employees and partners to identify long-term re-employment programs for the talented people of Nokia."
Nokia's response to the smartphone threat from companies such as Apple - specifically from the iPhone - has been long been a key investor concern.
The firm recently confirmed a deal with Microsoft to develop smartphone technology.
BBC News - Nokia to cut 4,000 jobs as part of reorganisation
