Nokia finalises Finnish plant closure, repeats cut plans

Nokia finalises Finnish plant closure, repeats cut plans
Struggling cellphone maker Nokia Oyj said on Friday it had agreed to close its Salo plant in Finland after talks with union representatives, and repeated it aims to cut 3,700 jobs in its home country.

Nokia unveiled the plan on June 14 as part of its global cost-cut programme, including 10,000 job cuts and the closure of the Salo plant - the last major cellphone manufacturing site in western Europe, the cradle of the global industry.

It said production had already stopped at the site and 780 people will lose their jobs during this year.

Once the world's dominant mobile phone provider, Nokia was wrongfooted by the rise of smartphones and is struggling to keep up with Apple , Samsung and Google.


Copyright Thomson Reuters 2012

Comments

For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

Twitter blocks soon-to-be Facebook's Instagram
Apple to buy rivals' supplier AuthenTec for $356 million

Related Stories

Share on Facebook Tweet Snapchat Share Reddit Comment
 
 

Advertisement

Advertisement

Advertisement

© Copyright Red Pixels Ventures Limited 2021. All rights reserved.
Listen to the latest songs, only on JioSaavn.com