Boston, MA 08/07/2014 (wallstreetpr) – In order to persuade the Chinese Nokia Corporation (ADR) (NYSE:NOK) workers to resign from their jobs, Microsoft Corporation (NASDAQ:MSFT) has decided to offer them Nokia Lumia phone for free.
Unusual Package for Layoff Volunteering
It is quite a common scenario for the companies to offer attractive packages to layoff volunteers. However, offering of Nokia Lumia to the workers absolutely free of cost appears to be something out of the box. The one offered to the layoff volunteers is the low-end pocket-friendly mobile, the cost of which comes out to be around $130 or 800 Yuan. The higher version is Nokia Lumia 930 with the excellent picture quality camera.
Nokia Lumia 630 to First-Come-First-Serve Volunteers for Job Quit
At present, Microsoft Corporation (NASDAQ:MSFT) is offering 300 Lumia 630 mobiles everyday on the first come first served basis to workers who volunteer to quit their jobs. The job slashing is seen as a part of Microsoft’s plan to layoff around 18,000 employees; most of who will come from Nokia only. The company has decided to slash approximately 4,700 jobs from Nokia in China, which means that now, only 300 workers remain on the payroll. Cuts in the jobs also sparked protests and anguish from Chinese workers asked to quit.
Nokia’s Explanation
Nokia Corporation (ADR) (NYSE:NOK), in this context, said that most of the job cuts came from feature-phones side. This was so because Microsoft wasn’t much interested in keeping non-Windows phone business of Nokia. Interestingly, the Chinese facilities in this regard are some of the most ancient in the fleet of Nokia.
Therefore, it was pointed out by Nokia Corporation (ADR) (NYSE:NOK), that the company is not exactly sure as to the laid-off Chinese workers are the ones who actually were involved in designing of this phone and then offered the same as a prize for quitting their jobs. However, it appeared to be like that only.
In the meanwhile, Microsoft Corporation (NASDAQ:MSFT) did not say anything on the matter.
