Nokia Siemens to lay off 23 pct of workers

Nokia Siemens HQ

Nokia Siemens Networks has announced the company plans to cut some 17,000 jobs—about 23 percent of its global workforce—by the end of 2103 in a move to cut the company’s expenses by more than €1 billion (about US$1.35 billion). Although the company hasn’t released many details of its plan, it says in addition to job cuts, it will beging to outsource services and undergo a “significant reduction” of suppliers in order to reduce costs, while reducing its focus to emphasize mobile broadband technologies

“We believe that the future of our industry is in mobile broadband and services—and we aim to be an undisputed leader in these areas,” said Nokia-Siemens CEO Rajeev Suri, in a statement. “At the same time, we need to take the necessary steps to maintain long term competitiveness and improve profitability in a challenging telecommunications market.”

Nokia-Siemens currently has about 74,000 employees in 150 countries.

The 50-50 joint venture between Finland’s Nokia and Germany’s Siemens was formed in 2006, and is the world’s second-largest maker of mobile infrastructure gear: they don’t make phones, but they make the gear that goes into cell towers and signal processing, in addition to network backhauls, emergency services gear, and serious networking infrastructure. The company also provides a wide selection of consulting and managed services. However, instead of turning into a cash-generating juggernaut, Nokia-Siemens has struggled to generate profits, particular in the wake of the global economic downturn. Nokia-Siemens is also seeing fierce competition from Asian rivals like ZTE and Huawei, which have flooded the market with less expensive gear.

Nokia-Siemens tried to gain market momentum last year by “>work out a deal earlier this year.

Web

Google’s updated Santa Tracker entertains and teaches coding throughout December

Google's Santa Tracker is in its fifteenth year and is back again with even more features. You can have fun with more than 20 games, learn about different holiday traditions around the world, and enjoy some festive animations.
Mobile

5G’s arrival is transforming tech. Here’s everything you need to know to keep up

It has been years in the making, but 5G is finally becoming a reality. While 5G coverage is still extremely limited, expect to see it expand in 2019. Not sure what 5G even is? Here's everything you need to know.
Mobile

The best weather apps for the iPhone

Don't rely solely on your local meteorologist to stay up to date on the weather. Take matters into your own hands with one of these weather apps, each of which brings something unique to the table.
Wearables

The $200 TicWatch C2 smartwatch is now being sold in the U.S. and U.K.

Digital well-being and disconnecting from your phone is one of 2018's big trends. Mobvoi wants you to think about its TicWatch C2 smartwatch as a great way to help you use your phone less.
Mobile

The Palm has been revived, and is now available in the U.S. and U.K.

A reboot of the classic Palm is finally here and it's tiny. It syncs to your phone and acts as a secondary device -- with a feature to help you disconnect from technology. The Palm will be available exclusively through Verizon for $350.
Mobile

Yes, we really are getting a special McLaren edition of the OnePlus 6T

OnePlus has announced a partnership with McLaren F1, emphasizing a shared interest in speed. The phone company is known for producing special edition devices. Here's what we know about the OnePlus 6T Mclaren Edition.
Mobile

Car-branded phones need to make a U-turn if they ever want to impress

Your car and your smartphone are becoming one, yet smartphones branded or co-created by car companies are a problem. We look at the history, some examples of the best and worst, then share hopes for the future.
Deals

Simplify your life with one of these wireless smartphone charger deals

Banish nightly cable fumbling with a wireless smartphone charger. If your smartphone is compatible with wireless charging, the simplicity of placing it on a pad is a beautiful thing. Wireless chargers are also excellent gifts for coworkers.
Mobile

Microsoft Outlook for iOS gets big redesign, with Dark Mode coming soon

Microsoft has deployed a huge redesign for its Outlook for iOS app, which includes new blue branding and some quality-of-life improvements. Dark Mode isn't included, but it's coming soon.
Computing

Our favorite Windows apps will help you get the most out of your new PC

Not sure what apps you should be downloading for your newfangled Windows device? Here are the best Windows apps, whether you need something to speed up your machine or access your Netflix queue. Check out our categories and favorite picks.
Mobile

Vanquish lag for good with the best routers for gaming

Finding the best routers for gaming is no easy task. With so many out there, how do you know which to pick? We've looked at the many options available and put together a list of our lag-free favorites.
Mobile

Beddit Sleep Monitor 3.5 now available on the Apple Store

The Beddit Sleep Monitor 3.5 is now available on the Apple Store for $150. The sensor strip, which is only 2 millimeters thin, automatically tracks a wide array of sleep data when placed under the user's sheets.
Deals

Save up to $750 with the best smartphone deals for December 2018

Need a better phone but don't want to spend a fortune? It's never a bad time to score a new smartphone and save some cash. We rounded up the best smartphone deals available that can save you as much as $750.
Emerging Tech

Awesome Tech You Can’t Buy Yet: Folding canoes and ultra-fast water filters

Check out our roundup of the best new crowdfunding projects and product announcements that hit the web this week. You may not be able to buy this stuff yet, but it sure is fun to gawk!