Fearful Nokia Employees Stage Walkout in WP7 Protest
Over 1,000 Nokia employees walked out of work this afternoon to protest the company’s shift towards Windows Phone and the announced loss of jobs, according to Finnish publication Helsingin Sanomat. The walkout occurred at the company’s Tampere office, reportedly home to almost 3,000 employees — half of whom are said to be working on projects related to the nearly-dead Symbian platform.
Employees rightfully fear for their jobs after Nokia’s unprecedented announcement this morning that aims to sunset Symbian and delay/backburner MeeGo development while moving the entire smartphone category over to the Windows Phone 7 platform. CEO Stephen Elop was transparent about the fact that Espoo’s worldwide workforce will be trimmed, and those folks on the software side of the business who work on Symbian-focused products would seem to be particularly at risk.
Nokia’s shares on the New York Stock Exchange are down over 14% at the time of this writing, while Microsoft prices have dropped a little over 1%. Both the Dow and NASDAQ indices are up at this time.