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Nokia launches yet another wave of job cuts

Nokia is launching redundancy talks in its Nokia Technologies business group. The Espoo-based company has not specified how many jobs may be lost. Some 650 people work at Nokia’s research and development unit, most of them in Finland.

Nokian 150-vuotisjuhlia vietettiin hieman sateisessa säässä Oulun Ruskossa.
Nokian 150-vuotisjuhlia vietettiin hieman sateisessa säässä Oulun Ruskossa. Image: Antti Pylväs / Yle

Nokia – which on Tuesday celebrated its 150th  birthday – says the staff reductions are driven by adjustments in its operational strategy and the associated organisational changes. The company said on Wednesday that the negotiations will lead to redundancies, but declined to specify how many.   

Nokia’s R&D division has operations in various locations including Karaportti, near Leppävaara in Espoo, as well as in Sunnyvale, California.

Last week Nokia, which is now primarily a networks company, held its annual general meeting in Helsinki. CEO Rajeev Suri outlined the reasons for buying French competitor Alcatel Lucent, but said the company had not decided whether to sell off its maps and navigation unit, HERE.