Nokia to lay off approximately 615 employees
News iconPublished on: 04 November, 2008 by PhoneArena Team
Nokia has today announced plans to lay off approximately 450 staff in it's Markets unit, 130 staff from the Nokia Research Center, and 35 staff from it's global process operations.
"Today's changes are part of Nokia's constant renewal where it is
important to be close to our customers and ensure that our people are
able to focus on the key business priorities. Also, our aim is to find
alternative work within Nokia for as many employees as possible," said
Juha Äkräs, Senior Vice President, Human Resources, Nokia (pictured).
These changes are in spite of Nokia's continued global market share increases in Q3 2008, but with the current challenging financial environment perhaps this drive to cut costs is not too surprising.
source: Nokia
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