Finnish phone manufacturer outsourcing 820 employees.
Struggling Finnish mobile phone manufacturer Nokia has announced that it's cutting 300 jobs in its IT department.
As well as making 300 employees redundant, the phone maker will transfer 820 of its current employees to external technology consultancies. The majority of the cuts will be made in Finland, where it's headquartered.
Nokia said those being laid off will be offered to participate in the Bridge program, which sees former employees starting their own company or continuing with external projects.
"Nokia believes these changes will increase operational efficiency and reduce operating costs creating an IT organization appropriate for Nokia’s current size and scope," it said.
Nokia, which recently confirmed it sold 86.3 million phones and 4.4 million Lumia smartphone units during Q4, is selling its head office in Finland for $222 million.