TIMELINE - Nokia's rocky road under Elop

Published on Wed, Feb 08, 2012 at 15:50 |  Source : Reuters

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(Reuters) - Struggling Finnish phone maker Nokia said on Wednesday it would cut 4,000 extra jobs and move more smartphone assembly work to Asia, its latest move to slash costs.

The following are key measures and events since Chief Executive Stephen Elop took over in September 2010:

FEBRUARY 2011

Nokia announces it is teaming up with Microsoft Corp for its new smartphones and dumping its own Symbian platform. Elop confirms the company will cut jobs in Finland and elsewhere.

APRIL 2011

Nokia says it will axe 7,000 jobs and outsource its Symbian software development unit to cut 1 billion euros in costs.

The move includes laying off 4,000 staff and transferring another 3,000 to services firm Accenture

  

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