Nokia Cuts 4000 European Jobs; Phone Assembly Moves To Asia

It's a sign of the times, though not a particularly surprising one: Nokia has finally eliminated its European phone assembly infrastructure and will be moving those 4000 jobs to Asia, according to a Reuters report. The factories are not being shuttered altogether, and localizing and finishing work will still be done there, but the primary assembly work is being relocated. The news and layoffs were expected, as the company has slashed many more thousands of jobs over the last year, but this particular cut is symbolic: the intensely European company has been battered into submission, and will join the others in the now-standard configuration of "design here, build there."

Source: http://feedproxy.google.com/~r/Techcrunch/~3/X5jWPvrg3pY/

lara logan project x big bend national park leon russell ncaa basketball rick santorum meredith vieira