The bad news from Nokia's camp just keep on coming in. First the Finns announced they are letting Vertu go, and now they have issued a press release stating the company will be sharpening its strategy by adding 10,000 lay-offs.The staff reduction is due to several factory closings in Canada, Germany and Finland, and is planned to happen before the end of next year. Furthermore, three key... full story ![]()
DETROIT — The Detroit Medical Center says it will lay off 300 employees and cut pay to top executives because of the automatic reduction in the federal budget.
toledoblade.com (2 months and 3 days ago)

JWT India sacks employees over controversial adverts, including one showing former Italian Prime Minister Silvio Berlusconi with a group of bound women in a car boot.
bbci.co.uk (2 months and 24 days ago)
Nokia officials say the needed to streamline operations in Fargo.
bismarcktribune.com (18 days ago)
There have been few quarters as important for Nokia as 2Q 2013. This spring will give us key information about the trajectory of Nokia's Windows phone program on two different fronts.
forbes.com (20 days ago)
After a handful of dismal quarters during which Nokia lost billions, the vendor has recently shown signs of life. But not in the United States. Nokia’s first big attempt at a comeback in the U.S. was the Lumia 900, and the company returned later in 2012 with the Lumia 920. Neither phone was received with much enthusiasm from consumers. In the Lumia 900′s debut quarter, Nokia...
yahoo.com (1 month and 1 day ago)
IT director agrees to resign in deal that will pay him $250,000 more in salary and other compensationTwo top employees of the Metropolitan Water Reclamation District have collected more than a combined $400,000 in salary while on leave during an internal investigation in their department, the Tribune has learned.
chicagotribune.com (3 months and 23 days ago)
JPMorgan Chase & Co., the biggest U.S. bank, said Tuesday it will lay off as many as 19,000 employees, most in its consumer banking division, in a bid to reduce expenses by around $1 billion, Bloomberg News said. The number of employees in its mortgage business will shrink by 13,000 to 15,000 through 2014, while its community banking operations will shrink by 3,000 to...
ibtimes.com (3 months and 22 days ago)
Nokia has accused supplier STMicroelectronics of selling microphones Nokia says it developed to rival HTC, and on Monday won an injunction in the Amsterdam District Court preventing their sale.STMicroelectronics must stop supplying HTC with the microphones used in the HTC One because they were invented by Nokia and manufactured exclusively for Nokia, according to Nokia...
pcworld.com (1 month and 25 days ago)

Kingfisher has also seen key executives dessert the sinking ship over the past two weeks.
moneycontrol.com (15 days ago)
Eastern Kentucky University will lay off employees as it seeks to reallocate 10 percent of its budget, outgoing President Doug Whitlock announced this week.Click to Continue »
kentucky.com (4 months and 10 days ago)
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