It appears you have not yet registered with our community. To register please click here...

 
Go Back [M] > Madshrimps > WebNews
Nokia shutters two Chinese offices as part of strategic reorganization in the region Nokia shutters two Chinese offices as part of strategic reorganization in the region
FAQ Members List Calendar Search Today's Posts Mark Forums Read


Nokia shutters two Chinese offices as part of strategic reorganization in the region
Reply
 
Thread Tools
Old 16th July 2012, 08:00   #1
[M] Reviewer
 
Stefan Mileschin's Avatar
 
Join Date: May 2010
Location: Romania
Posts: 148,055
Stefan Mileschin Freshly Registered
Default Nokia shutters two Chinese offices as part of strategic reorganization in the region

There's a hole in Nokia's heart and it goes all the way to China. Following news this past April that a massive restructuring effort was underway for Espoo's Asian operations, comes word that offices in Chengdu and Shanghai have been closed amidst declining market share. That's according to the Wall Street Journal which says the layoffs are targeted at the company's Chinese sales division -- an area Elop's made clear is essential for growth -- as Nokia's presence in the region has dwindled to 11 percent in Q1, a sharp drop from its more robust 30 percent share last Q2 2011. And with increasing competition from rival OEMs, the layoffs are expected to continue while the house that Lumia's attempting to rebuild gains its footing.

http://www.engadget.com/2012/07/13/n...egic-reorgani/
Stefan Mileschin is offline   Reply With Quote
Reply


Similar Threads
Thread Thread Starter Forum Replies Last Post
Elpida Issues Notice on Petition to Commence of Corporate Reorganization Proceedings Stefan Mileschin WebNews 0 28th February 2012 07:47
Nokia Lumia 710 Review - T-Mobile's Nokia WP7 Stefan Mileschin WebNews 0 5th January 2012 07:45
Asustek Expected to Announce Reorganization jmke WebNews 0 20th January 2009 16:00
Plextor Faces Reorganization As Parent Company Takes Over jmke WebNews 0 31st August 2007 16:39
A tour of the AlphaCool Offices jmke WebNews 0 1st April 2007 14:56
Intel offices raided by European Commission Sidney WebNews 0 12th July 2005 19:20
Microsoft's Korean offices raided Sidney WebNews 0 13th June 2004 08:39

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


All times are GMT +1. The time now is 01:49.


Powered by vBulletin® - Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO