Nokia to cut 300 staff in German plant
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Posted in Business, 11th June 2001 09:53 GMT
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Nokia plans to lay off ten per cent of staff in its phone production factory in Bochum, Germany.
The 300 layoffs were announced today, and the plant will now focus on the final assembly of mobiles.
Part of the current board assembly will be shifted to other Nokia factories or to subcontractors.
The Finnish phone outfit said the moves, which are expected to be completed by the end of the year, would increase the efficiency and competitiveness of its mobile unit.
Nokia has made mobiles in the Bochum factory since 1989. ®
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