1/17/2013 9:46:11 AM
Nokia cutting 300 jobs in IT division
Nokia is cutting 300 jobs in its IT wing as part of wider plans to reduce operational costs.
The cuts are the last of the 10,000 job cuts announced last June and it has been said that Nokia is now creating an IT business appropriate to their cost reducing plans. The Finnish manufacturer will transfer certain activities and up to 820 employees to HCL Technologies and TATA Consultancy Services. The majority of the 300 staff whose roles will be cut are based in Finland and Nokia has said that it was in talks with employee representatives about the changes.
A statement said: 'Nokia believes these changes will increase operational efficiency and reduce operating costs, creating an IT organization appropriate for Nokia's current size and scope.'
Author: Graeme Neill