Nokia announces 300 job cuts, transfer of 820 other employees

17 Jan 20131 Share

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Nokia's head office in Espoo, Finland. Image via Wikimedia Commons

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Smartphone maker Nokia is reducing its global IT organisation by cutting 300 jobs to increase operational efficiency and reduce operating costs, and is transferring 820 other workers to other organisations.

In a statement today, Nokia said it will offer employees affected by the job cuts both financial support and a comprehensive Bridge support programme. 

Nokia also plans to transfer certain activities and up to 820 employees to HCL Technologies and TATA Consultancy Services.

Most of the employees affected by these changes are based in Finland, and Nokia said it’s engaging with employee representatives on these plans in accordance with country-specific legal requirements.

These latest job cuts are the last anticipated reductions as part of Nokia’s focused strategy announcement of June 2012, the company added, and it said it believes these changes will create an IT organisation appropriate for the company’s current size and scope.

Tina held senior editorial positions at daily newspapers in Ottawa and Toronto

editorial@siliconrepublic.com