Nokia to shed 7,000 staff as part of reorganisation
 

"Mobile phone manufacturer Nokia has announced it will shed 7,000 jobs from next year as part of a plan to refocus the company on smartphones."

http://www.bbc.co.uk/news/business-13207148

It's a sad news but Nokia has to regain the smart phones segment that has witnessed a huge change after the likes of Apples & Androids have come. Nokia has lost a big portion of market share in the smart phone segment & they are forced to do this.