Nokia just announced more job cuts. 3500 to lose their jobs. 1300 jobs from R&D and 2200 factory jobs. Factory in Cluj, Romania to close down completly. Remaining European production facilities will be closed later have their roles redefined. Nokia will waste 500 million euros on recapitalizing Nokia Siemens Networks.

All point to excellent progress in the execution of new strategy, according to Elop. The ghost of George Orwell was heard complimenting Elop on his excellent command of Newspeak.