1,000 people to lose their jobs at Nokia factory in Finland

As part of its plan to improve production efficiency, Nokia is axing 1,000 jobs in its plant in Salo, Finland.

The unpleasant talks have been discussed with all the staff in the Nokia plant and as a result, the job cuts will be made gradually throughout 2012. Nokia says most of the layoffs will be made in the end of June

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As for the remaining staff, they'll focus on producing models for European carriers.

How do you think the massive job-axing will affect Nokia in the future? Do you approve the new, streamlined direction Stephen Elop is taking Nokia? Sound off in the comments section.