Thursday, September 29, 2011

Nokia's Lay offs

Nokia Announed the “plans to take additional actions to align its workforce and operations”. In a press release, the Finnish mobile giant says it will reduce its staff by at least 3,500 employees by the end of 2012.

Nokia also says there will be reductions in manufacturing; the company is closing its manufacturing facility in Romania by the end of this year and says it will be doubling down on its Asian factories instead. Nokia will also “review the long-term role” of its manufacturing operations in Salo (Finland), Komarom (Hungary) and Reynosa (Mexico).

Less than half a year ago, Nokia cut 4,000 jobs and transferred another 3,000 Symbian employees to Accenture. We assume the layoffs announced today are in addition to those cuts.

http://techcrunch.com/2011/09/29/oh-nokia-another-3500-people-laid-off-manufacturing-operations-trimmed-down/

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