Nokia to cut another 3,500 jobs and close a factory
Mobile phone giant Nokia is to cut 3,500 jobs and close a plant in Romania as part of its restructuring plan.
Nokia said it would shut its plant in Cluj, Romania, and cut jobs in its location division, whose products include maps for mobile phones.(about end of 2011)
"Nokia plans to close its manufacturing facilities in Cluj, Romania, by the end of 2011... and plans to close its (locations and commerce development) operations in Bonn, Germany and Malvern, US," by the end of next year
Nokia's statement said the company would look to "focus its feature phone manufacturing on those locations with optimal proximity to suppliers and key markets".
Some analysts interpreted this as a signal that Nokia could shift manufacturing to Asia.
The firm made a net loss of 368m euros ($521m; £323m) in the three months to the end of June, compared with a profit of 227m euros a year earlier. Net sales fell by 7% to 9.3bn euros.
Nokia has lost ground to competitors such as Apple's iPhone and phones using Google's Android operating system.
Earlier this year, Nokia announced 7,000 job cuts worldwide - with 3,000 of the posts being transferred to consultancy group Accenture - as part of strategy to focus on smartphones.
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