Nokia promise NOT to lay off anymore after this. Well… we never know. But that’s the committment they have right now.
The 500 people that remains will work on GSM/WCDMA cellphone.
Qualcomm got to look out for their shrinking CDMA market. Nokia + GSM in U.S. is a very powerful combination. Look at Asia and Europe, 1/3 of people are Nokia fans, some of them owns more than 1 Nokia phone at a time.