EU wants to offer Finland €2.6M for laid-off Nokia workers


Despite what some people may think, it's not that bad to be an EU citizen, especially if you're working for Nokia and you get laid off. The Finnish company has gone through a complete restructuring process to fine tune its business, so many employees were laid off.

Now, the European Commission wants to offer Finland €2.6 million to support no less than 821 former Nokia Network Systems employees. The amount of money is meant to assist these workers who lost their jobs to help them find new ones.

Most of the money will be used for career coaching, education and start-up grants for the former Nokia employees. If Finland accepts, the money will come from the European Globalisation Adjustment Fund (EFG), and the country won't have to return it.

The funds are granted by EFG after Finland applied for the money the moment Nokia and three subcontractors had to lay off almost 1,000 employees, which was the result of “fierce competition between the Finnish ICT sector and its competitors.”

Finland has the right to refuse the money and ask for a larger amount. In any case, EU's decision to grant €2.6 million to Finland will certainly help many former Nokia employees get right back on track.

source: Yle.fi via NPU

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9 Comments

1. Rafishant

Posts: 398; Member since: Oct 13, 2015

That is a great governments support.

2. NarutoKage14

Posts: 1327; Member since: Aug 31, 2016

Meanwhile in Trumpland, Republican lawmakers think that you should starve to death if you don't work.

3. diggie32

Posts: 388; Member since: Apr 03, 2016

Quit complaining and get back to work.

4. kiko007

Posts: 7500; Member since: Feb 17, 2016

You forgot the sarcasm tag.

8. nedimko_wot

Posts: 115; Member since: Oct 01, 2016

they think you should starve to death and be low minded, uneducated and poor just like in the medieval times

6. ImperialDynamics

Posts: 84; Member since: Nov 30, 2012

"Despite what some people may think, it's not that bad to be an EU citizen" What is this BS?! Who thinks being an EU citizen is a bad thing?!! EU is the only stable power in the world right now. We don't have Trumps, Putins, Theresa Mays

9. sip1995

Posts: 1771; Member since: Feb 07, 2014

HAHAHAHA....being an EU citizen is worse than you think.

12. LyannaStark

Posts: 91; Member since: Apr 07, 2017

Lol sip, come to the US, then we can talk.

10. Spedez

Posts: 542; Member since: Aug 29, 2014

I was a former Nokia employee and didn't get a dime. Instead I got TATA. That sucked big time.

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