Nokia CEO warns company on 'burning platform'

Wednesday 9 February 2011 | 12:24 CET | News
Nokia's CEO Stephen Elop has warned employees at the handset maker that the company stands on a "burning platform", that will require a major change its behaviour. The leaked memo comes ahead of Nokia's strategy announcement and analyst meeting in London on 11 February. Elop compared the company to a man standing on the edge of a burning oil platform, who faces the choice of awaiting burning flames or plunging into deep, cold waters and must make a quick decision on a radical change in behaviour. The memo highlights the "intense heat" from competitors, where Apple has captured the high-end

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Categories: Mobile & Wireless
Companies: Apple / Nokia
Countries: World
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