Nokia to cut up to 10,000 jobs globally by end-2013

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Finland's Nokia, one of the world's biggest mobile phone makers, announced on Thursday that it planned to cut up to 10,000 jobs by the end of 2013 due to massive additional cost-savings measures.

"These planned reductions are a difficult consequence of the intended actions we believe we must take to ensure Nokia's long-term competitive strength," company chief executive Stephen Elop said in a statement.