Nokia to make further cuts

0
218

Nokia has announced further streamlining across its sales, marketing and technology operations that will result in a total of 1,700 job cuts globally.

The manufacturer, which last month announced a voluntary redundancy scheme to reduce its workforce by 1,000, said it would further downsize to match its scaled down handset portfolio and decline in consumer demand.

A company statement said: “Altogether these plans will affect approximately 1 700 employees globally. Where applicable, Nokia will start consultations with employee representatives about these plans.

“All of these measures are part of Nokia’s previously announced plans to adjust business operations and cost base in accordance with market demand and safeguard future competitiveness. Nokia continues to seek savings in operational expenses, looking at all areas and activities across the company.”

 

NO COMMENTS

LEAVE A REPLY