April 07 2016, Nokia is on top stories in this Wednesday as it says, after finishing its work in Oulu and Tampere it will cut down thousands of jobs like one in five jobs post in its finished homeland. This is taking place as it’s a part of Nokia $1 billion cost saving plan. Nokia is following the acquisition of French rival Alcatel lucent SA.
According to the source, it has been said that the tech firm had a talk with the labour unions, as 1,300 jobs will be cut in the finish bases in Espoo, Oulu, Tampere.
Currently Nokia corp. has six thousand eight hundred fifty (6,850) employees in Finland. Globally 104,000 job holders are there. It is said that this is something like the match between Finland and French where Finland lost.
According to Pertti Porokari the president of the union professional engineers of Finland, the French government has a goal to protect the countrymen job and it’s done or protected whereas the government of Finland did not really fight for the countrymen jobs, as a result, Finland lost to French.
It’s very simple Nokia is going to cut only 400 positions by 2018 in French and also recruiting again 500 workers in research and development. So this is a clear view toward French. Nokia also promises French government to maintain 4,200 employees for two years after the Alcatel-Lucent acquisition. And in Germany Nokia will cut 1,400 among 4,800 workers in the country.
Nokia company did not still open up clearly how much jobs will be cut in world wide. Reduction might be more in overlaps area, research and development, regional and sales orgination and also corporate functions. Nokia shareholders approved €15.6 billion ($17.76 billion) acquisition of Alcatel-Lucent in December. The two companies started working as an operationally combined group in January 2014.
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