Nokia Siemens to cut 17 000 jobs

According to Business Live, the job cuts are part of the company's plan to move away from fixed-line infrastructure development and focus purely on mobile networks. The company currently now employs 74 000 people around the world having already cut its workforce by 10 000 and closed various plants in different countries.

For more:

• Business Live: Nokia Siemens Networks to cut 17 000 jobs
  
• Nokia Siemens Networks: Nokia Siemens Networks.