Nokia is cutting 310 jobs as part of a restructure at its Technologies arm and is hiring two senior execs as it looks to make good on a promise to focus on the enterprise market.

The Finland-based vendor said the job cuts at Nokia Technologies, affecting almost one-third of the division’s 1,090 headcount, came amid “slower-than-expected development of the VR market”.

Investment in this area will be reduced and future versions of its Ozo camera, unveiled in 2015, will be halted, the company said.

Staff in Finland, the US and the UK are set to be affected, according to a statement.

The news comes less than a month after Nokia said it planned to cut almost 600 jobs in France.

Moving forward, Nokia said it would look to focus its Technologies arm on opportunities in licensing and healthcare.

Details were sparse, but Nokia looks to be following what it has done with licensing its brand to HMD Global in the smartphone market.

In healthcare, Nokia unveiled two new devices in June and rebranded Withings, the company it acquired last year.

Gregory Lee, President of Nokia Technologies, said: "Nokia Technologies is at a point where, with the right focus and investments, we can meaningfully grow our footprint in the digital health market, and we must seize that opportunity.”

Nokia Technologies saw sales surge 58 percent in the first half of the year, but it only accounts for €616 million out of total revenues of €11 billion.

Meanwhile, Nokia has made two new appointments as it looks to expand its base of customers outside of the telecoms sector.

Chris Johnson has joined from HPE to lead what Nokia described as “global enterprise verticals”, while Mike Calabrese has been promoted to a role as Head of Webscale and Large Enterprise.

The vendor unveiled a new strategy last year, which promised a focus on verticals including transportation, energy, public sector, finance and web services.

In June, it won a deal with local government in the US, which followed other contract wins with Xiaomi and Portugal’s national railway infrastructure operator this year.

At Mobile World Congress, Nokia CEO Rajeev Suri said success would be dependent on finding the right salespeople.

More News

BT signs up Symantec to tackle SME cyber threats BT signs up Symantec to tackle SME cyber threats BT has teamed up with Symantec to expand its security offering with a new solution for SMEs. More detail
Proximus bets on emoticons to help recruitment drive :-) Proximus bets on emoticons to help recruitment drive :-) Proximus is hoping winking face and see-no-evil monkey will help it to recruit the likes of copper splicers and data scientists. More detail
BT, VEON announce senior exec departures BT, VEON announce senior exec departures BT’s legal chief and the man in charge of transformation at VEON are set to be replaced, the two operators have revealed. More detail
SIRO, Huawei trial 10GBps fibre technology SIRO, Huawei trial 10GBps fibre technology Irish wholesale broadband provider SIRO has tested an emerging fibre technology that could allow it to offer symmetrical 10GBps connections to customers. More detail
Nokia sees Group COO depart Nokia sees Group COO depart Nokia’s Group COO has left the company just over six months after the role was created. More detail