Nokia announces 170 job cuts in Finland
The telecom network equipment manufacturer Nokia laid off 170 employees from its division in Finland. The job cut is part of a plan to save money after it acquired its main competitor the Franco-American Alcatel-Lucent back in 2016.
Nokia currently has 6,100 employees in Finland and more than 100,000 around the world. This is a second mass job cut after 960 people were laid-off from the Finnish offices last year. 1,400 more will be released in Germany by the end of 2017.
The reductions are part of a €1.2 billion cost-savings plan Nokia is implementing after the 2016 merger.
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Reader comments
- ranjeet
- 12 Jul 2018
- YTF
i like to woke with nokia
- qwerty
- 12 Jun 2017
- Kg$
still nokia is the best comparing to other brands. there are those explosive phone out there that nokia havent have those problem ever since nokia started.
- Emanuel
- 11 Jun 2017
- NiB
Thank yes I'm ready to join in Nokia company
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