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Nokia to Cut More than 250 Jobs in Finland
The proposed cuts affect about 3.7% of Nokia’s Finnish workforce as the company shifts spending toward defense, artificial intelligence and data centers.
- On Wednesday, Nokia announced plans to cut up to 253 positions in Finland as the network equipment maker shifts investment toward defense, artificial intelligence, and data centres.
- These reductions are part of a cost-saving program Nokia launched in 2023, targeting expense reductions between €800 million and €1.2 billion by the end of this year.
- The cuts affect operations in Espoo, Tampere, and Oulu, representing about 3.7% of the company's approximately 6,800 employees in Finland.
- Negotiations with employee representatives are due to begin on Monday, October 12, following confirmation to Yle that the change negotiation process has started.
- Employee representative Jari Nummikoski noted that these negotiations were expected, as the company previously reduced its headcount in Finland earlier this year.
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14 Articles
14 Articles
The reductions will be targeted at Espoo, Tampere and Oulu, HS says
·Helsinki, Finland
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Ilta-SanomatReposted by 
Helsinki Times
Helsinki TimesThe last time employees were laid off in Finland was in the spring.
·Helsinki, Finland
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According to HS, the company justifies the reductions by ensuring competitiveness and allowing it to invest in areas of the business that will contribute to future growth.
·Helsinki, Finland
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The Finnish network provider Nokia wants to delete up to 253 jobs in Finland. Affected are the locations The post Nokia wants to dismiss up to 253 people in Finland first appeared on Nordic.info.
Coverage Details
Total News Sources14
Leaning Left2Leaning Right0Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 40%
C 60%
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