Continuing market downturn means more job cuts in the wild. And Nokia is one of those reported to cuts jobs of its 1% entire workforce according to Marketwatch.

Nokia, the world’s largest maker of cell phones, said it was cutting 1,700 jobs worldwide in response to “pruned” demand from consumers.

The affected units includes devices and markets units , corporate development office and global support functions. Well, tough revenue times means job loss. And hopefully, companies will get back to provide more jobs once sales scaled again in the next coming months.