Nokia cuts 4,000 jobs, outsources Symbian work to Accenture.

"Nokia (NYSE:NOK) said it will slash 4,000 jobs and outsource its Symbian software activities to Accenture as part of its transition to using Microsoft's (NASDAQ:MSFT) Windows Phone 7 as its primary smartphone platform. The Symbian outsourcing deal also includes the transfer of about 3,000 additional employees to Accenture.

The job cuts, while expected, represent around 12 percent of Nokia's devices and services workforce. Nokia previewed the cuts last week when it reported first-quarter earnings and said it will cut $1.46 billion in operating expenses from its devices and services business for 2013, compared to 2010 levels."