Nokia to Fire 300 People, Will Transfer 820 Others
These are the last job reductions made as part of last year’s announcement
Today, Finnish mobile phone maker Nokia has announced plans to make even more restructuring inside the company, a move expected to result in 300 employees being sent home.The company is looking to increase its operational efficiency and reduce operating costs, while allowing it to remain on the path it is currently moving on.
“As part of the planned changes, Nokia plans to transfer certain activities and up to 820 employees to HCL Technologies and TATA Consultancy Services,” the company announced.
It also said that 300 employees would be given the pink slip, and that these were the last headcount reductions that it will perform following the focused strategy announcement made in June 2012.
Most of the employees affected by the new changes are based in Finland, the company also announced.
HOT RIGHT NOW