Nokia cuts 1,700 jobs worldwide
Nokia is implementing the cost-cutting measures it announced in January and plans to cut 1,700 jobs worldwide. In addition to the mobile communications division, the cuts will affect jobs in marketing, development, and customer service.
The Finnish cell phone world market leader Nokia is implementing its savings targets from January and plans to cut 1,700 jobs worldwide. In addition to the mobile phone division, jobs in marketing, development and customer service are also affected, as the company announced in Helsinki on Tuesday. Further measures are being examined.
At the end of 2008, the Finnish group employed 128,000 people worldwide. When announcing its annual results, Nokia set a target of 700 million euros in cost savings for 2009. In the fourth quarter of 2008, the company sold 113 million cell phones, 15 percent less than in the previous year.
At the end of 2008, the Finnish group employed 128,000 people worldwide. When announcing its annual results, Nokia set a target of 700 million euros in cost savings for 2009. In the fourth quarter of 2008, the company sold 113 million cell phones, 15 percent less than in the previous year.
