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Nokia set to sack 10,000 employees | | Nokia has announced plans to lay off 10,000
employees worldwide by the end of 2013 in a drive to save costs. The Finnish mobile
phone maker said it aims to return the company to profitable growth by sharpening
strategy and improving its operating model, Daily Express reports. Although it
plans 'to significantly reduce its operating expenses,' Nokia said it remains
focused on its smartphones and feature phones and intends to expand location-based
services.
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