Nokia to cut a further 490 jobs

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Nokia has announced it is to cut around a further 490 jobs as part of its global cost cutting program.

The manufacturer said it would cut approximately 170 jobs in logistics, production, management and production support and added that it is offering a voluntary resignation package for up to 320 employees based at its Salo plant in Finland. The packages will be available from June 1 and will close on June 30, 2009 at the latest.

Nokia head of human resources Ville Valtonen said: “The earlier Voluntary Resignation Package we offered to 1,000 Nokia employees in February raised a lot of interest among production employees, who were excluded from this particular global program.

“We now want to offer this opportunity to our production employees in Salo, as we continue to adjust capacity according to market demand.”

 

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