Nokia sheds 300 IT jobs, transfers 820 workers

HELSINKI — Struggling Nokia Corp. is downsizing by more than 1,000 jobs, part of a wide-ranging plan to cut costs and streamline operations.

The Finnish company said it will lay off 300 workers in its IT sector and transfer ‘‘some activities and up to 820 employees to strategic partners,’’ India-based HCL Technologies and TATA Consultancy Services, which have operations in Finland.


Nokia said Thursday that the changes are part of 10,000 job cuts and plant closings disclosed in June.

The former top cellphone maker has been edged out by Samsung and Apple’s iPhone in the smartphone race and aims to save $2.14 billion by the end of 2013. Last week, Nokia said it expects to return to profitability as fourth-quarter sales topped expectations.

Associated Press

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