Thursday, September 29, 2011

Nokia's Lay offs

Nokia Announed the “plans to take additional actions to align its workforce and operations”. In a press release, the Finnish mobile giant says it will reduce its staff by at least 3,500 employees by the end of 2012.

Nokia also says there will be reductions in manufacturing; the company is closing its manufacturing facility in Romania by the end of this year and says it will be doubling down on its Asian factories instead. Nokia will also “review the long-term role” of its manufacturing operations in Salo (Finland), Komarom (Hungary) and Reynosa (Mexico).

Less than half a year ago, Nokia cut 4,000 jobs and transferred another 3,000 Symbian employees to Accenture. We assume the layoffs announced today are in addition to those cuts.

http://techcrunch.com/2011/09/29/oh-nokia-another-3500-people-laid-off-manufacturing-operations-trimmed-down/

Monday, September 26, 2011

Lebara Story..

How many would have thought immigrant asians and africans will form such a hot cash pot - with 4.6Million migrants in UK alone - everyone needs to call home and send money.... Lebara - Started off in 2001 then, by a 24 year old selling international calling cards (and 2 of his partners) has transformed itself into a global force in the telecom MVNO space - ~£500m in revenue in just 10 years... Offering services in 7 European countries and Australia... even more interesting to know that 24 year old reached UK as a Sri Lankan Tamil refugee at the age of 15...



http://www.mobilenewscwp.co.uk/2011/05/lebara-revenue-up-50-per-cent/