Nokia Begins Job Cuts

Nokia has already begun downsizing in Germany (Job Cuts Rumoured at Nokia). 1,400 jobs are planned to be eliminated by 2018, according to CRN, and 1,022 employees will be let go this year. Most losses will be felt in Munich (354 jobs), with others in Berlin, Bonn/Dusseldorf, Nuremburg, Stuttgart and Ulm.