Telecommunications equipment supplier Nokia Siemens Networks has announced a cost cutting plan that includes the elimination of 5,700 jobs world wide. The company operates in 150 countries and says that the job cuts will be evenly spread throughout its operations, but no further details were given. Nokia Siemens Networks was created as the result of [...]
Continue reading...Tuesday, May 19, 2009
Helsinki’s Nokia, the world’s largest cellphone manufacturer, will cut a further 490 jobs globally, in addition to the 1,700 announced in March. The Finnish firm will cut 170 jobs in logistics and production management & support, and will offer a voluntary resignation package for up to 320 employees working at its Salo plant in Finland. Nokia has [...]
Continue reading...Friday, April 17, 2009
As consumers hold off to upgrade to new cell phones, Sony Ericsson is forecasting a 10% market contraction for 2009, and will cut 2,000 jobs. The cell phone manufacturer is counting on its upcoming Idou smartphone, and its launch of mobile movie and music services, to help it compete with Apple, BlackBerry and Palm. Sony Ericsson is [...]
Continue reading...Tuesday, March 17, 2009
Nokia, the world’s largest manufacturer of mobile phones, will eliminate 1,700 jobs, or 3% of its work force. The Finnish firm will lay off 700 workers in Finland, with the rest in Europe, Asia and North America. Up to 1,000 employees will get severance packages. Nokia is also freezing salaries and hiring, and cutting nonessential travel. Labor laws [...]
Continue reading...Thursday, February 26, 2009
Nokia has come to an agreement with the staff of its integral Salo, Finland plant. Employees with experience a shorter-than-expected set of temporary layoffs. “Temporary layoffs (will) last on average five weeks. Depending on the units, they vary from 3 to 7 weeks,” a Nokia spokesman said. On Febrary 11, Nokia said it would lay off the [...]
Continue reading...Tuesday, February 24, 2009
Nokia Corp., which announced earlier in February that is planned to cut jobs, will seek up to 1,000 voluntary resignations to help battle costs in the face of the global economic downturn. The company, which is the world’s largest maker of mobile phones, said it will open a worldwide voluntary resignation package on March 1 [...]
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Tuesday, November 3, 2009
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