Nokia Plans Layoffs, Strategic Change, Exec Change-Up
Updated: added to and expanded post with more details
Nokia today announced a significant reorganization of its business in hopes of saving costs and becoming more efficient. The company plans to lay off approximately 10,000 workers worldwide through several plant closings and the consolidation of other facilities. The layoffs are expected to be complete by the end of 2013. Nokia also plans to renew its focus on core parts of its business that will help it shore up its Lumia smartphones and feature phones. The company will invest in technologies that will make its phones stand out from competitors' devices, and will invest in more location-based technology to further differentiate its phones. Nokia also said that it plans to offer a wider range of low-cost Windows Phones, similar to the Lumia 610. As part of today's announcement, Nokia said that it plans to focus its marketing and sales activities on key markets, streamline its IT and other support organizations, and reduce investments in non-core assets. The strategic reorganization also brings with it significant changes to the company's leadership ranks. Chris Weber, who has spearheaded Nokia's efforts in North America for the past year, has been promoted to executive vice president of sales and marketing. Other promotions include Tuula Rytila to senior vice president and chief marketing officer, and Susan Sheehan as senior vice president of communications. Mary MacDowell, who has served as executive vice president of mobile phones, is leaving the company. Other departures include Jerri DeVard, executive vice president and chief marketing officer and Niklas Savander, executive vice president of Markets. The departures are effective June 30 and the new leadership roles will go into effect July 1. Nokia believes all these changes will help it become more competitive in the market.
AT&T to Sell Pink Lumia 900 Starting July 15
AT&T today announced that consumers who prefer pink will be able to purchase a pink-colored Nokia Lumia 900 beginning July 15. As with the black, white, and cyan versions, the pink Nokia Lumia 900 will cost $99 with a new contract.
Software Update for Lumia 800 and 710 Adds Mobile Hotspot
Nokia recently announced that a system update will be pushed to the Lumia 800 and Lumia 710 in the coming weeks. This update does not change the system software to Windows Phone 7.8, but it does add several new and useful features.
Nokia Pushes Lumia 800 and 710 Update
Nokia today said that a system update for the Lumia 800 and Lumia 710 is now available worldwide. The update, first announced last week at a Microsoft event, does not change the system software to Windows Phone 7.8, but it does add several new and useful features.
Nokia Lumia Phones Headed to Verizon and Sprint 'Soon'
Nokia's Richard Kerris, VP of Worldwide Developer Relations, said in an interview with Neowin that the phone maker expects Lumia Windows Phone devices to be available from Verizon Wireless and Sprint in the U.S. soon.
Nokia Outlines Commitment to Windows Phone 8 and Lumia
Nokia joined Microsoft on stage in San Francisco today to reiterate its commitment to the Windows Phone platform and talk about specific features and support Nokia Lumia owners can expect from Nokia moving forward. First, Nokia will provide the Windows Phone 7.8 update to all of its Lumia devices.
Nokia Lumia 710
3.7" display 480 x 800 pixels
Snapdragon S2 MSM8255 processor 0.5 GB RAM
1,300 mAh battery
Headphone Jack (3.5mm)
Fire Stephen Elop, The CEO of Nokia
The only way for Nokia to survive this is to maintain yet minimize its reliance on Windows mobile. Simutlaneously, it must introduce an android line-up which would allow it to generate some income while windows mobile OS develops.
Microsoft just needs to buy Nokia
Let the games begin!