Nokia Announces Job Cuts As It Closes Offices

Nokia has announced a range of changes which are likely to result in some 450 job cuts, with around 100 of the job cuts occurring in Finland. At the same time Nokia Research Center (NRC), which is specialized in long-term research activities within Nokia, plans to sharpen its focus on fewer but stronger research areas.

The planned reorganization is estimated to have an impact on approximately 130 NRC employees globally, of which a maximum of 100 are in Finland.

Nokia also plans to close its Turku site in Finland and relocate those activities predominantly to Salo (Finland). Nokia currently has 220 employees working in the Turku office and the aim is that the employees would continue in Nokia's site at Salo or in the capital area in Finland. Nokia also plans some smaller workforce adjustments in global process operations. These adjustments are estimated to affect approximately 35 employees, of which almost all are in Finland.

"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.

The closing of the Turku site is estimated to be completed by the end of January, 2009.

Posted to the site on 4th November 2008