Updates to this story
TechEye has heard that Nokia is going to fire up to 6,000 people as soon as next week.
An industry source tells us the lay-offs will mainly be in Nokia's home country, Finland.
There will be job cuts all round - but the majority will be in Finland. We have also heard from that all the work from the Symbian group is going to go to Microsoft.
Laying off people in Finland is a costly business and considering the numbers it is not a move to be taken lightly. Cynics suggested when Stephen Elop took over that he was a Microsoft plant - could they be right? And what would the political implications be? We have heard that the plans come from the very top.
A senior figure at Nokia has reportedly said: "This isn't a deal between Nokia and Microsoft, this is a Microsoft take over."
At time of publication Nokia has not replied, though we're told our query is being investigated and will update when we receive any word.
Microsoft says it "doesn't comment on rumour or speculation".
Wait till they start "paying" for phone 7 and take out lines of credit with MS to do it. MS quickly becomes the major creditor and then just takes them over.
Or something like that....
Seriously, "We don't want to be just another phone vendor competing with cheap phones from China, so lets dump our own OS and become a phone vendor competing with... wait.. uh?"
There was 6.000 cut estimate yesterday in Finnish news papers happening during 2 coming years, which actually makes more sense that "next week" comment since Symbian is needed still for next 150 M Symbian devices and MS cannot do the work.
MS takeover, I don't think so...höpö höpö!
Qt is not needed anymore when going with MS. (Just an answer to a question in this thread.)
On top of that, legislation on notice periods will apply, and depending on one's years of service, the notice period can be as long as 6 months.
Timing wise this fits since the Finnish parliamentary elections will be held on next sunday. So if they're going to lay off people no need to make the announcement before the elections.
Alas it is the same party which has made Finland a far worse place. For example, taken too much debt, made services worse.
Used to be Finland had social services and health services somewhere between Germany and Britain, now they are more like in Britain, some better than there, some worse. Yet the costs for them are as high as countries where they work, goes to politicians' friends, bureaucracy.
Laying off people is not that costly at all. Not like in mainland Europe.
The consultation based on chapter 8 will start by the end of April as Jorma Ollila said in media.
In case of a possible voluntary resignation package, the employee in question gives up his/her right to the notice period and resigns. In return, they are give the package. So there will not be a notice period of up to six months.
If all Symbin coders would be laid of or moving to Microsoft that would be about 5000 jobs, not 6000. And that will not happen. So the claims are wrong.
Thats how they have done in past to get new team's assembled and I hear they are doing it now too.
Just a misunderstanding?
It seems that there still are false Newspapers in the world claiming to be reliable.
We are reporting on information from usually reliable sources who cannot be named for obvious reasons.
We wouldn't accept bungs from anyone. Instead, we report on the people and companies who take the bungs.
TechEye had this information and decided to run with it. We'll see what happens. Maybe it will turn out to be nothing - and in that case, good for Finland.
But there is no agenda here.
Best,
EyeSpy.
The guessed number for Nokia is 1-2,000.
Second: WM7 development is ramping up, many will move to these new development tasks through "layoffs", the way Nokia usually does it.
Elections,etc..There is rhis little thng the 21th, the Nokia quartely report, which is of more impotance.
Elop: is a little suspect, his capital day text on Symbian, which was corrected repeatedly, total of 4 times, in just a couple of days.
In the same way the 150 mil number has been corrected to"as long as needed"
a) Why is MS getting the IP from Nokia ? and for just $ 1 billion ? MS got at least 15 years of high tech. worth $20 billion for 1 billion,and now they just tell us that thousands of workers ( the key core of Symbian -Linux ) are about to get fired ! We need to find out if there was money changing hands between someone in MS and the executives and specially the Board of Directors of Nokia, in my opinion there must be a Legal and Criminal Investigation, but who will have what it takes to do it ?
b) and the execs from MS , what do they do ? they sink the stock 35 % , fire thousands of experienced workers and it seems that they are ready to crash the stock even more down and sell to a group of Hedge-Funds or themselves .... many people in the financial world say that all this was fabricated to crash the stock and sell the assets and IP to a group of Money Managers and Private Equity Partners for pennies on the dollar and partners of MS and Qualcomm , and who can argue ? Symbian and Linux could have already link to TV and projectors,modem, built in analyzers-scanners, single/group video-chat while maps/apps, own dual-core CPU/GPU ( they are part owners of ARM ! ) instead of hand-me-downs proprietary chips from Qualcomm ( and huge royalties since WP7 can only use Qualcomm so far ) , stock-bond-etf-etc. trading tools and data, 15 language translators , OpenNFC , etc., etc., the possibilities are endless, and instead they have an absurd deal that transfers billions to MS and Qualcomm, it's time to find out legally what's going on !
c) and the Finish and EU men, how can they put up with this abuse and fraud ? and the EU Commission ? ... Europa just lost a huge technical asset, they lost their best communications tool and what do they do ? nothing ? not EVEN an investigation ? are they just going to take it like this ?