Nokia Cutting Another 3,500 Jobs, This Time in Manufacturing
Nokia said Thursday that it plans to cut a further 3,500 jobs as it revamps its manufacturing operations as part of its broader strategy shift.
The company plans to close a facility in Romania and location services facilities in Malvern, Penn., and Bonn, Germany, with the job cuts coming by the end of this year. The reductions are in addition to the cuts Nokia announced earlier this year. Furthermore, the company said it is starting to reevaluate its staffing levels at a number of other facilities, with an eye toward cutting more jobs next year.
Nokia is in the process of shifting from a smartphone strategy focused around its aging Symbian platform to one based on Microsoft’s Windows Phone operating system. Its first Windows Phone devices are due out later this year.
“We are seeing solid progress against our strategy, and with these planned changes we will emerge as a more dynamic, nimble and efficient challenger,” CEO Stephen Elop said in a statement. “We must take painful, yet necessary, steps to align our workforce and operations with our path forward.”
Separately, Nokia said both it and Siemens are investing a further 500 million Euros into their Nokia Siemens telecom gear joint venture.