ESPOO, Finland -- . last week said it planned to , blaming a weakening worldwide economy and a slew of new competitors.
The total includes about 100 workers in Finland and 130 who work on long-term research projects at the six Nokia Research Centers around the world.
The announcement came less than a month after Nokia reported that third-quarter earnings fell 28% and sales declined by 5%. The company also said it lost market share during the quarter.
The layoff will take effect on Jan. 1, the company said.
-- Nancy Gohring,