This is the changing of the guard. Apple is hiring while Nokia is firing. The cell phone handset giant is under siege by the rapidly growing smart phone.
Nokia says it plans to cut up to 800 jobs in Finland, following redundancy talks that began in October and ended on Tuesday. The figure is down from the original reduction target of 850 jobs. Meanwhile the company announced a delay in the roll-out of its new flagship product.
Meanwhile, Apple has plans to double the size of the company’s Cupertino, CA headquarters.