Nokia Planning Major Job Cuts

Nokia, one of the world's leading mobile phone makers, on Thursday revealed its plans of cutting approximately 3,500 jobs in Romania, Germany and the United States, and that too by the end of 2012.

"Nokia plans to close its manufacturing facilities in Cluj, Romania, by the end of 2011 ... and plans to close its (locations and commerce development) operations in Bonn, Germany and Malvern, US, by the end of next year", the Finnish company said in a statement.

Nokia was also in news in the month of April when it axed 4,000 jobs and 3,000 outsourced jobs supporting the decision as massive restructuring effort.

But after the cut, the company hinted that it's under process of planning some more job cuts next year, which according to the phone maker could follow the company's decision to review long-term roles of some of its factories based in Salo, Finland, Komarom, Hungary, Reynosa and Mexico.

Though company has not provided any further information to clear some more facts about the above hints, it said the decisions are painful but vital to align the workforce and operations of the company.