Nokia to Cut 7,000 Jobs in Cost-Cutting Move

The 12 percent reduction in the leading cellphone maker's global work force will help trim operating costs by 1 billion euros as it prepares for its alliance with Microsoft.

By ELISABETH BUMILLER and MARK MAZZETTI 27 Apr, 2011

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Source: http://feeds.nytimes.com/click.phdo?i=f78d06a497bbc9c9d076236d67708b3c
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