Nokia to cut 10,000 jobs globally by end of 2013 in further drive to cut costs

FILE - This Feb. 8, 2012 file photo shows the Nokia offices in Salo, Finland. Nokia Corp. will lay off 10,000 jobs globally and close plants by the end of 2013, the company said Thursday June 14, 2012, in a further drive to save costs. The cuts mean that it will close some research and development projects, including in Ulm, Germany, and Burnaby, Canada. (AP Photo/Lehtikuva, Jussi Nukari, File) FINLAND OUT

June 14, 2012 - 3:07 AM

HELSINKI - Nokia Corp. says it will lay off 10,000 workers worldwide by the end of 2013, in a further drive to save costs.

The ailing Finnish cellphone maker says it aims to return the company to profitable growth by sharpening strategy and improving its operating model.

Although it plans "to significantly reduce its operating expenses," Nokia says it "remains focused" on its smartphones and feature phones and intends to expand location-based services.

News from © The Associated Press, 2012

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