Nokia Corp., the world's largest cell-phone maker, said Thursday it will cut 1,800 jobs in response to weak sales of handsets.
The Finnish firm said most of the cuts will take place in Finland at its infrastructure unit.
"We are determined to continue with our leadership strategy, targeting leadership position in mobile networks. The measures outlined today support this objective," Sari Baldauf, president of Nokia Networks, said in a statement.
"Together with our relentless focus on customer needs and operational efficiency they will enable a sustainable and profitable business for the future."
The announcement comes a month after the company said it lowered its expectations for the current quarter to earnings per share of 0.15 to 0.17 euros from 0.15 to 0.19.
Analysts expect sales of US$7.33 billion, compared to $7.75 billion in last year's comparable period.
The company said sales of cellphones would be at the "low end" of its range of flat to nine-per-cent growth.
Sales in its networks division are expected to fall 15 to 20 per cent, as its customers decrease their investments. The networks segment will have a "substantial" loss in the quarter thanks to the expense of rolling out 3G cellular network technologies.
