The Nokia contraction continues: 3,500 further job losses and more on the horizon

Nokia always said there'd be "substantial reductions in employment" but it's still brutal to see it happen. The manufacturer just revealed it intends to close its massive manufacturing plant in Cluj, Romania (pictured above) in order to shift high-volume feature phone production to Asian factories. The Cluj plant currently employs 2,200 people. Further "consolidation" of Nokia's Location and Commerce business will result in the closure of sites at Malvern in the US and Bonn in Germany, impacting around 1,300 employees. Finally, the company also says it'll review its production operations at Salo in Finland, Komarom in Hungary and Reynosa in Mexico, but we won't know how many workers this will affect until a further announcement at the beginning of next year. Nokia's press release says these cuts will take place by the end of 2012 and be in addition to the 4,000 job losses announced back in April -- it's copied in full after the break.

[Thanks to everyone who sent this in]

Continue reading The Nokia contraction continues: 3,500 further job losses and more on the horizon

The Nokia contraction continues: 3,500 further job losses and more on the horizon originally appeared on Engadget on Thu, 29 Sep 2011 06:42:00 EDT. Please see our terms for use of feeds.

Permalink Realitatea (Romanian), AllAboutSymbian  |   | Email this | Comments

ipod computer playstation mobile