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Nokia finalises 1,000 job cuts in Finland

Nokia finalises 1,000 job cuts in Finland

By Reuters | Updated: 5 June 2012 00:51 IST

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Highlights

Nokia finalises planned lay-offs of upto 1,000 people after talks with its staff in Finland.

Nokia finished on Thursday job cut talks with the staff at its plant in Salo, Finland, resulting in planned lay-offs of up to 1,000 people.

The jobs at the last large cellphone manufacturing plant in Western Europe will be cut gradually through 2012, with most cuts happening by the end of June, the company said.

The remaining staff at the plant will focus on tailoring models for European operators.

Nokia is in the midst of a massive revamp of operations under its new Chief executive Stephen Elop, and it has closed plants and cut thousands of jobs globally since last year.

Copyright Thomson Reuters 2012

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Further reading: finland, nokia, salo

Nokia finalises 1,000 job cuts in Finland

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