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You are here: Home i In Focus i In focus 2012 i Apps are changing working life i Life after Nokia also means new opportunities

Life after Nokia also means new opportunities

Thousands of Nokia’s former employees have been forced to rethink their futures as the company sheds jobs. In Finland many of them hope to start their own business.
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Lost the grip

Nokia created the smartphone, but when the mobile world went constantly online the Finnish mobile giant lots its grip. Nokia, which only a few years ago dominated the global market, has lost market shares to competitors like Samsung, HTC and Apple at breakneck speed. Many say the main problem is the Symbian operative system, which is considered to be out of date. That’s why the company and its new CEO Stephen Elop - Nokia’s first non-Finnish head - decided to start cooperating with Microsoft to make telephones with a Windows operative system instead. Now the whole of Finland is holding their breath, waiting to see whether this change of direction will pay off. Right now it is not looking too good and the Nokia stock keeps falling.

 

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