Wednesday, October 7, 2015

Nokia to cut 300 jobs at Navteq in Malvern

The Finnish cellphone maker is shifting work to Chicago and Boston

Nokia to cut 300 jobs at Navteq in Malvern


UPDATE: "There are about 300 people affected in Malvern. Our plan is to re-locate our product development activities to Chicago and Boston. There will be an opportunity for people to re-locate," says Nokia's press office, in response to my query.

EARLIER: Nokia, the Finnish cellphone maker that owns a string of info tech businesses around the world, says it plans to close its offices in Malvern (previously Chesterbrook), idling software engineers and other workers in its Navteq division, which includes Penn grad Chris Rothey's group that built and runs

Nokia job cuts total 3,500 worldwide, including 1,300 in the "location and commerce" division that includes The group faces increased free Internet and smartphone-apps competition. The cuts will take place over the next year. Announcement here.

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PhillyDeals posts drafts, transcripts and updates of Joseph N. DiStefano's columns and stories about Philly-area business, which he's been writing since 1989.

DiStefano studied economics, history and a little engineering at Penn and taught writing at St. Joseph's. He has written thousands of columns and articles for the Inquirer, Bloomberg and other media, wrote the book Comcasted, and raised six children with his wife, who is a saint.

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