A file photo of a rusted chain and a lock on a closed gate of the Nokia mobile phone plant in Bochum May 16, 2008. Struggling telecom equipment maker Nokia Siemens Networks (NSN) aims to cut up to 5,800 jobs and save more than 1 billion euros ($1.48 billion) to stay competitive in the cut-throat market. Nokia Siemens, said November 3, 2009, the programme, something analysts have expected given the persistently tough market conditions, could bring total charges of some 550 million euros in 2010-11. Nokia is a parent company of Nokia and Siemens. Reuters Pictures 3 weeks ago

A file photo of a rusted chain and a lock on a closed gate of the Nokia mobile phone plant in Bochum May 16, 2008. Struggling telecom equipment maker Nokia Siemens Networks (NSN) aims to cut up to 5,800 jobs and save more than 1 billion euros ($1.48 billion) to stay competitive in the cut-throat market. Nokia Siemens, said November 3, 2009, the programme, something analysts have expected given the persistently tough market conditions, could bring total charges of some 550 million euros in 2010-11. Nokia is a parent company of Nokia and Siemens.

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