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View Full Version : Nokia Lays Off 3,500 Workers, More Job Cuts to Come


FeralKitty
10-04-2011, 03:13 AM
From Mashable (http://mashable.com/2011/09/29/nokia-layoffs/):

Nokia is significantly cutting its workforce, by closing and downsizing some of its manufacturing facilities in Europe and the U.S.

After huge losses (http://mashable.com/2011/07/21/nokia-q2-2011-loss/) in the second quarter, mostly due to the collapse of Nokia’s smartphone strategy (http://mashable.com/2011/02/09/nokia-burning-platform/), the Finnish mobile giant will close its manufacturing facility in Cluj, Romania — which employs some 2,200 people — by the end of 2011 and focus on its factories in Asia.

The company (http://conversations.nokia.com/2011/09/29/nokia-continues-to-align-its-workforce-and-operations/) will also close its Location and Commerce operations in Bonn, Germany, and Malvern, Penn., in the U.S. It will “review the long-term role” of its manufacturing operations in Salo, Finland, Komarom, Hungary, and Reynosa, Mexico, which will affect personnel in 2012.

The final tally is brutal: 3,500 will lose their job by the end of 2012, in addition to the 7,000 job cuts (http://conversations.nokia.com/2011/04/27/nokia-to-transfer-symbian-software-activities-to-accenture/) (3,000 of which are outsourced) announced in April. Additionally, Nokia will announce the possible effect of the consolidation of its L&C operations on personnel in the first quarter of 2012.
Read more... (http://mashable.com/2011/09/29/nokia-layoffs/)