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Doomsday memo from Nokia

A leaked memo written by Nokia’s chief executive has delivered a blunt assessment of the company’s predicament, likening it to a man standing on a “burning platform”, torn between burning alive and jumping into icy waters.

The internal memo, the authenticity of which was confirmed by people familiar with Nokia, represents an unusually candid and starkly worded account by Stephen Elop of his efforts to stem decline in the biggest mobile phone maker.

The memo says the Finnish company must embrace “radical change” if it is to survive.

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