Nokia to fire 1,700 staff
PrintUK offices hit hard
Posted in Mobile, 17th March 2009 12:37 GMT
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Nokia's UK offices will be among the hardest hit in a global round of 1,700 redundancies, announced today.
The Finnish mobile phone giant's home operations will see the deepest cuts, with 700 staff targeted.
UK operations will be next in line, but a spokeswoman couldn't immediately say how many staff at offices in Bristol, Farnborough and London will be affected. "How it impacts local teams is what we're in the process of working out," she said.
The latest stage of Nokia's global cost-cutting programme, launched in January, will target sales, marketing and technology divisions "to match the pruned portfolio and global consumer demand". Device research and development, and the marketing department of OS maker Symbian, which Nokia bought last year, will also be cut.
The compulsory redundancies join an ongoing round of 1,000 voluntary resignations as Nokia attempts to trim costs in response to the recession and falling sales. The firm has about 125,000 staff worldwide. ®
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