TG Daily Nokia plans 4000 layoffs Edmonton Journal Struggling Finnish phone maker Nokia plans to cut 4000 more jobs at its plants in Finland, Hungary and Mexico as it seeks to cut costs by moving smartphone assembly work to Asia. The cuts of eight per cent of the phone business workforce bring total … Hungary [...]
Posts tagged Nokia
Nokia continues to align its workforce and operations
Nokia today announced plans to take additional actions to align its workforce and operations. The measures support both the execution of the company’s strategy and the savings target the company announced earlier this year, and also target to bring efficiencies and speed to the organization. Earlier this year, Nokia announced changes primarily focused on [...]
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Nokia axes 7,000 jobs to cut costs
By Tarmo Virki (Reuters) – Nokia will axe 7,000 jobs and outsource its Symbian software development unit to cut 1 billion euros ($1.46 billion) in costs as it struggles to compete in the smartphone market. Nokia, the world’s largest phone maker by volume, on Wednesday detailed an overhaul of its phone business following its decision to [...]
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