Nokia to Cut 4,000 Manufacturing Jobs as It Shifts Production Work
Nokia on Wednesday announced it plans to cut around 4,000 jobs as it reduces production at plants in Hungary, Mexico and Salo, Finland.
The three affected plants focus on smartphone production, and Nokia said it planned to shift much of that work to Asia, in order to be closer to its suppliers and speed up the time it takes to get products ready. Nokia will continue to do some customization work at all three plants.
“With the planned changes, our factories at Komarom, Reynosa and Salo will continue to play an important role serving our smartphone customers,” Nokia Executive VP Niklas Savander said in a statement. “They give us a unique ability to both provide customization and be more responsive to customer needs.”
The cuts will be phased in through the end of the year.
Nokia, of course, is in the midst of a major transformation, as it makes Windows Phone its primary operating system, shifting away from its homegrown Symbian OS.