In an effort to streamline its operations and catch up to competitors, Nokia announced that it was cutting 1,800 jobs, or 3% of its core workforce. The company says that they are reassessing their approach to the industry, and that the cuts were designed to make the company more effective in responding to the changing needs and desires of its customers. Nokia has been criticized by former employees for being too bureaucratic, and missing out on important innovations.
See "Nokia to Cut Jobs as It Tries to catch Up to Rivals", Kevin J. O'Brien, The New York Times, October 20, 2010