Nokia to cull 600 jobs, redouble efforts in emerging markets

Nokia intends to lay off 600 employees in a re-organisational effort as part of the company's shift in focus towards emerging markets.

The effected positions mostly come from the company's marketing and sales departments.

Nokia also plans to close its Turku site by January next year, but plans to relocate its 220 employees to other areas of the company.

Nokia has also announced the launch of seven new low-end phones as part of the strategic shift. The phones are valued between $32 and $95, and are mostly aimed at emerging markets.

The company is also crafting a range of internet services targeted at these markets. The first services will focus on email, agriculture and education - which Nokia has determined present the strongest demand in the regions.

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