Nokia to cut 300 jobs at Navteq Traffic.com in Malvern
The Finnish cellphone maker is shifting work to Chicago and Boston
Nokia to cut 300 jobs at Navteq Traffic.com in Malvern
Joseph N. DiStefano
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 Traffic.com.
Nokia job cuts total 3,500 worldwide, including 1,300 in the "location and commerce" division that includes Traffic.com. The group faces increased free Internet and smartphone-apps competition. The cuts will take place over the next year. Announcement here.
Gee. I had a job interview with them few months. Call it sour grapes, I am glad they did not call me back.— Coconut- Too bad they didnt get an "Obamaloan"...you know, like the one Solandra in CA received?!? LoL...— Citizenc92
- Not that I'm a huge fan of Obama, but do your due dilligence, the loan originated under the Bush admin in 2007... — masmanx
- Due dilligence? Actually, the Bush admin scuttled it and the Obama admin ok'ed it. — obiwan
- No, actually Bush admin was still pushing the loan right up to Obama's inauguration. Point being the world didn't go all to he11 in just the last 2.75 years... — masmanx
- I think they are profitable and don't need Obama (they can't get it since they are Finnish, read the article Citizenc92, silly ) they just want to get out of the Philadelphia area, avoid future flash mobs and fracked water.— Tyrone Biggums
- what does it mean for traffic.com?
— palmyra21 - Palmyra, good question, answer unclear. Navtaq won't say and refers questions to Nokia, which doesn't call back. Maybe they think they can contract the service, or will they shut it down? Joe D.— Joe D
- Update: Nokia called back. Says they'll move to work to company sites in Boston and Chicago.— Joe D
- Wow...so that's why I never heard anything about that job.— marg704
- @palmyra21 It means anyone with half a brain started using Google Maps traffic feature 5 years ago.— Bender
- Navteq uses the same data-probe technology that Google uses. The difference between the two rival services is that Navteq also has actual people monitoring traffic conditions to make up for technological shortcomings. — veetkoosh
- What about Lauren Valley on WXPN???— Gray Areas
- Chesterbrook hit again, first the Genuardi's, now this.— geosys
