Rough times continue for EA.

Games publisher Electronic Arts has started handing out pink slips in another round of job cuts. It's unclear how many people EA plans to let go, though it appears most of the layoffs are being focused on the publisher's Montreal-based mobile development studio, which had been rumored to be in the process of shutting down. EA said it doesn't plan to close the studio, though it did confirm the layoffs.

Big changes are in store for Nokia, the struggling handset maker that's decided to take some drastic steps in an attempt to return the Finnish company to profitable growth. Nokia is focused on "significantly" reducing its operating expenses, and it starts with the elimination of 10,000 jobs around the globe by 2013, a process that's already begun in earnest by engaging with employee representatives.

Finnish phone maker Nokia today outlined plans to shed roughly 4,000 workers combined from three separate smartphone production plants in Komarom, Hungary, Reynosa, Mexico, and Salo, Finland. What remains of the three factories will focus on smartphone product customization for customers mainly in Europe and the Americas, while smartphone production at large will be diverted to Asia where the majority of component suppliers hang their hats, Nokia said.

We hate to read about job cuts during the holiday season (or any time during the year, but especially now), and McAfee said it was a "difficult decision" to trim its workforce, but ultimately felt that's what needed to be done if the company's going to grow in 2012. The Intel-owned security outfit handed out around 250 pink slips, effectively reducing its workforce by 3 percent.