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Nokia slashes more jobs, this time in its IT team

Posted: , posted by Victor H.

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Nokia slashes more jobs, this time in its IT team
After massive layoffs in an attempt to cut spendings, and after it sold its Finnish headquarters, Nokia continue with the severe “optimization” measures, now by slashing 300 jobs and instead outsourcing its IT operation.

In addition to slashing 300 jobs, the Finnish phone maker will transfer 820 of its current employees to other tech consultancies. Bad news is most of those cuts will happen close to the bone, in Finland, the company’s home.

Those who end up without a job, will get an offer to participate in the Nokia Bridge program, an initiative formed to stimulate former employees start their own company or continue with external projects.

“Nokia believes these changes will increase operational efficiency and reduce operating costs creating an IT organization appropriate for Nokia’s current size and scope,” Nokia said in a statement today.

source: Nokia

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