Nokia cuts jobs as VR camera development stalls

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Halts work on $58,000 virtual reality camera.

Nokia cuts jobs as VR camera development stalls
Nokia plans to reduce up to 310 jobs from its Nokia Technologies unit and halt development of its "OZO" virtual reality camera and hardware, the Finnish company said on Tuesday. The unit has about 1,090 employees and the potential cuts are expected to affect staff in ...

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