国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

WORLD> Europe
Nokia to cut 1,700 jobs in sinking phone market
(Agencies)
Updated: 2009-03-17 20:04

HELSINKI– Nokia Oyj will slash 1,700 jobs globally over the coming few months because of falling demand, the world's top cellphone maker said on Tuesday.

Nokia said in January it aimed to cut annual costs at its key handset unit alone by more than 700 million euros ($909.3 million) to counter the plunging demand.

Nokia said on Tuesday that, in addition to its handset unit, it would also cut jobs in its marketing unit, corporate development office and global support functions.

Related readings:
 Nokia considering entering laptop industry: CEO
 Nokia to take on Apple's iPod player

Up to 700 jobs would be cut in Finland.

The overall cellphone market is expected to contract by about 10 percent this year, hurt as consumers rein in spending and handset sellers try to clear out unsold phones.

"The first quarter will be weak, then it will improve a little," said Nordea analyst Martti Larjo. "Some component suppliers have signaled slight improvement."

Nokia is expected to report January-March earnings per share (EPS) falling to 0.08 euros, the weakest level since the third quarter of 2001, when all vendors in total sold just 94 million phones -- less than Nokia alone is seen selling this quarter.

Nokia said it was continuing to seek savings in operational expenses, looking at all areas and activities.

Last month Nokia said it was offering severance packages to the first 1,000 employees who volunteered to leave, and cut production at its key Salo plant in Finland.

By 0947 GMT, shares in Nokia were 3.5 percent lower at 8.68 euros, underperforming a 2 percent fall on the DJ Stoxx European Technology Index.

Earlier on Tuesday, Goldman Sachs cut Nokia EPS forecasts for 2009 and 2010 due to weaker demand, a lower smartphone market share and greater margin impact from a strong yen.

Goldman said it now expects market volumes to shrink 14 percent this year and increase only 5 percent next year. It had earlier forecast a 10 percent fall for 2009 and 10 percent growth next year.

石门县| 武鸣县| 灵山县| 竹溪县| 岱山县| 神池县| 墨脱县| 公安县| 唐海县| 绵阳市| 孙吴县| 洛南县| 漳平市| 鹿泉市| 夏邑县| 乌鲁木齐市| 青河县| 南乐县| 陇西县| 灯塔市| 合江县| 东乡| 长沙县| 兴海县| 富阳市| 北海市| 沙田区| 西乌珠穆沁旗| 大荔县| 晋中市| 淄博市| 垫江县| 临西县| 宜兴市| 卫辉市| 长寿区| 华阴市| 彭水| 藁城市| 桦川县| 怀宁县|