Nokia and Siemens

Today Nokia and Siemens agreed to merge their communications service provider bisunesses. Well in the news it said that it will be a 50-50 joint venture.In a way someone said Siemens wanted to sell this department for awhile because of the profit problems, and also Nokia is not very good at its own this part either.
Hope this merge will be good and hope they will not lay off too much people,but think there will be about 10% of that department employees lose job.
This is the trance for the big companies...