4/16/2009 2:39:00 PM
Nokia finds 1,000 volunteers for job cuts
Nokia has found 1,000 people ready to give up their jobs after it appealed for volunteers in March.
The manufacturer has filled its 1,000 quota for voluntary redundancies more than one month before the shut off point.
Nokia has been open to applications from volunteers for the cut from 1 March. The closing date was 31 May or until the 1,000 quota had been filled.
Nokia announced it would be making 1,700 job cuts globally in March. 700 are understood to be in Finland while other cuts will include some jobs in the United States and the UK.
The cuts are part of a previously announced plan to cut costs by €700m (£647m), and are on top of 600 job cuts announced in November 2008.