After Nokia Layoffs, Tech Workers in Finland Regroup and Refocus
nytimes.com
nytimes.com
Realm (https://realm.io/) was started by two former Danish Nokia developers working out of Denmark. I met Bjarne back in 11 or 10 at a Danish hackernews meetup and already back then were they talking about it and how Nokia had started to close down places like Denmark.
Just goes to show how there are always great startups with great insights hiding inside large organisations. And that the problems or discoveries they make inside those organisations can be extremely valuable.
http://www.businessinsider.com/realm-started-by-former-nokia...
I was surrounded by insanely talented and passionate individuals, and while I get the impression a lot of talent dispersed and "went home" (it was a very diverse atmosphere in terms of culture) there were a few that banded together and made `Jolla`.
Which, I don't hear much of these days, but I hope they eventually carve out a small chunk of the market at least.
Nokia is pretty well known in Finland for hiring a _lot_ of contractors/companies. So layoffs can be quick, severance can be avoided but the downshot for them is increased salaries.
If they decide to go the "something else" route then expect them to acquire 'Jolla'. As great as 'Jolla' is that is sadly the best exit strategy they can hope for at this point in the smartphone markets lifecycle.
I have since moved back to the United States, but my management philosophy has definitely been shaped by the culture there and the way they treated their employees.
In America, this would never be allowed happen. You would need to be able to start a business using your own resources, or you will end up working for someone else or if that fails, homeless and living in poverty.
Some people argue that America has too large a population and the funds required would be too much of a burden for businesses or the government, but I don't buy this. I think it has to do more with keeping the powers that be in place, and a loathing of government programs by most Americans.
Given that investors in the US seem to be literally throwing cash at bay area startups (c.f. this very site), I'm not sure that I buy this point at all. Surely it's much easier to start a successful business as a US resident than it is in Finland, right?