130 UK Nokia jobs under threat
Cutbacks
Posted in Mobile, 27th February 2003 23:32 GMT
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Some 130 jobs are under threat at Nokia's UK head office in Camberley following the mobile phone company's decision to axe 550 jobs in its Nokia Networks infrastructure division.
The UK job losses have not been confirmed since they are currently under review as part of a consultation process with employees.
In a statement today Nokia said it was cutting 550 jobs in the US, UK, Sweden and Finland but hoped that some of the jobs could be re-allocated elsewhere within the company.
The company announced the cuts in a bid to "improve its efficiency" by reducing the number of R&D sites and centralising work into larger groups within the organisation. ®
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