Nokia to Cut 600 Sales, Marketing Jobs

Nov. 4, 2008
Will also close plant in Finland

The world's leading maker of mobile phones, Nokia of Finland, said on Nov. 4 it would cut almost 600 jobs, mainly in its sales and marketing division.

"Nokia estimates that approximately 450 employees, maximum 100 in Finland, in the markets unit will be affected by the planned changes," the company said, adding that another 130 employees at the Nokia Research Centre (NRC) would also be affected.

A spokeswoman for the group, Arja Suominen, said the job cuts would affect permament and not temporary employees, but that the overall number of jobs cuts was an estimate. She said the company would begin negotiations with the unions and employee representatives. Nokia said the changes would be effective January 1, 2009.

The company also announced that it would close its plant in Turku, in southwestern Finland, which employs 220 people and relocate its activities to the nearby town of Salo. The closure will be finalized by the end of January 2009, and employees will be offered the possibility to work in Salo or in the Helsinki area.

Copyright Agence France-Presse, 2008

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!