Nokia to cut 1,000 jobs from Finnish phone plant

AWS

CHF Owner
Joined
May 18, 1998
Messages
22,133
Location
Florida U.S.A.
ed48bc0fc95f4d73e6d012a86f28a48f.jpg
Nokia on Thursday announced that it will cut as many as 1,000 jobs at its plant in Salo, Finland. The company’s layoffs will happen gradually through 2012, with most cuts happening by the end of June, Reuters reported. The Salo plant is the last large cell phone manufacturing plant in Western Europe, as most businesses have moved their manufacturing to Asia. Last month, Nokia shed 2,300 workers from a plant in Komarom, Hungary and 700 others in Reynosa, Mexico as it too shifted much of its manufacturing to China. This new round of layoffs comes as part of a larger effort to cut costs following the €1 billion loss the company reported last quarter.
Read
99b0066ecfd7219580345858ac56029c._.gif

Via BRG - Boy Genius Report
 
Back
Top