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Manufacturer Discussion : Nokia : Nokia to cut about 800 jobs in Finland
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tranced Posts: > 500

HELSINKI, Dec 14 (Reuters) - Nokia, the world's biggest cellphone maker by volume, said on Tuesday it planned to cut about 800 jobs in its home Finnish market.

The company said in a statement it concluded negotiations with employee representatives on the planned reductions, which it plans to start putting into effect in January.

Nokia plans to offer severance packages worth 5-15 months of regular salary but hopes some of the employees affected will be relocated elsewhere in the company, it said.

A little more here.
[ This Message was edited by: tranced on 2010-12-15 10:01 ]

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Posted: 2010-12-15 10:44:33
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jake20 Posts: > 500

that really sucks..
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Posted: 2010-12-15 15:53:31
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Bonovox Posts: > 500

Well no one is immune from the recession. It hit most manufacturers in one way or another.
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Posted: 2010-12-15 15:57:00
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skurk198 Posts: 274

EISH!!!! thats sad!!! And i know that feeling all to well, of being "layed off", but im a firm believer that everything happens for a reason!!! With that said i "bounced back" and im sure most of those employees of nokia will to!!! ( i'll keep those employees and their families in my prayers)

@tranced... Thanx for the info boss!!! God bless!!!
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Posted: 2010-12-15 18:15:00
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skurk198 Posts: 274

[ This Message was edited by: skurk198 on 2010-12-15 18:05 ]

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Posted: 2010-12-15 18:18:00
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false_morel Posts: 375

Any explanation or reasons for this?
I'm not into economics..

And I noticed Nokia have over 130,000 employees! This is one huge company.
What would cutting 1800 worldwide, 800 of them in Finland, do in effect?!

Anyway, while I was reading, I noticed Nokia had about $55 billions revenue, and $1.2 billion profit last year.
Apple with 50,000 employees, have about $65 billions revenue, and $14 billions profit!

Of course, by Apple, it's meant the whole corporation, not just the iPhone segment.
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Posted: 2010-12-15 18:37:30
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Bonovox Posts: > 500

They have a factory in Hungary in which my best friend in Hungary her mom works in it.
[ This Message was edited by: Bonovox on 2010-12-15 17:42 ]

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Posted: 2010-12-15 18:41:28
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