Nokia will axe 7,000 jobs and outsource its Symbian software development unit to cut 1 billion euros ($1.46 billion) in costs as it struggles to compete in the smartphone market.
Nokia, the world's largest phone maker by volume, on Wednesday detailed an overhaul of its phone business following its decision to start using Microsoft software instead of its own Symbian platform.
Nokia, the world's largest phone maker by volume, on Wednesday detailed an overhaul of its phone business following its decision to start using Microsoft software instead of its own Symbian platform.