
Negative news for Nokia as it announces it will shed 4,000 jobs worldwide. "Mobile phone maker Nokia has announced it will shed 4,000 jobs as part of a plan to refocus the company on smartphones. Nokia said the majority of the job losses would be in Denmark, Finland and the UK. The job losses will take effect from 2012. The firm said it intended to increase its capacity for the development of Nokia smartphones based on the Windows technology."
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