Tag: pekka ala-peitila

Nokia being singled out for bad press on staff bounty?

The report details how Nokia’s mobile phone boss Pekka Ala-Pietilä (later the company’s president and now the CEO of Blyk), asked Hallikainen and his rebels what it would take to keep them on board. Their price, the documents reveal, was $200 million — the equivalent of around $4.5 million dollars for each of the engineers who were, effectively, holding the company to ransom. Nokia paid a bounty to keep engineering staff 14 years ago. Isn’t this standard Silicon Valley practice at the moment to keep the talent in your company? Smells more like the writing staff at Helsingin Sanomat are