Nokia to cut 1,300 jobs in Finland by 2018
Nokia
Helsinki - XINHUA
Finnish communication giant Nokia announced on Wednesday that it plans to slash about 1,300 jobs in Finland by 2018.
Nokia said in a press release that it is set to start collective negotiations. The company employs about 6,700 workers in Finland by the end of 2015.
In a separate press release on Wednesday, Nokia said it launches measures to reduce its personnel globally as part of its synergy and transformation program.
According to the company, the layoffs mainly focus on those areas where there are overlaps, such as research and development, regional sales organizations, as well as corporate functions. Nokia did not disclose how many jobs will be slashed globally.
The mass redundancies are designed to meet the objective of 900 million euros of operating cost synergies to be achieved in 2018 related to the acquisition of Alcatel-Lucent, said the company.
Rajeev Suri, CEO of Nokia, said Nokia made a commitment to deliver 900 million euros(1.03 billion U.S. dollars) in synergies when it announced the acquisition of Alcatel-Lucent.
In January 2016, Nokia finalized the acquisition of his French-American rival Alcatel-Lucent.
GMT 10:03 2016 Friday ,23 December
Nokia sues Apple for patents infringementGMT 10:30 2016 Thursday ,27 October
Nokia reduces losses as merger with rival proceedsGMT 12:53 2016 Tuesday ,04 October
Ericsson to lay off 3000 in 'large transformation'GMT 15:13 2016 Saturday ,21 May
Nokia to shed more than 1,000 jobs in FinlandGMT 09:25 2016 Thursday ,11 February
Nokia profit fell in 2015 ahead of Alcatel-Lucent acquisition
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:16 2016 Wednesday ,23 March
cartoon five
GMT 09:58 2016 Wednesday ,23 March
cartoon four
GMT 10:18 2016 Wednesday ,23 March
cartoon eight
GMT 05:06 2024 Tuesday ,06 February
New hunt for flight MH370 gets under way
GMT 02:48 2017 Thursday ,05 January
Study: Fish Oil Supplements and Omega-3s May Reduce Heart Problems
GMT 10:39 2018 Friday ,19 January
France and Germany to propose bitcoin regulations
GMT 13:52 2016 Monday ,02 May
Rewayat Launches 12 New Novels at Abu Dhabi International Book Fair
GMT 07:07 2017 Monday ,13 November
Strong quake rocks Costa Rica; no immediate reports of damage rmb/mdo
GMT 15:05 2016 Saturday ,02 January
Brush with talent: Blind female artist in limelight
GMT 13:03 2013 Thursday ,05 September
HISWA shows major trend next Dutch nautical year
GMT 04:03 2013 Sunday ,30 June
Spain Pavilion prepares for second actGMT 08:41 2012 Tuesday ,20 March
Saudi prince patronizes International real estate exhibition
GMT 15:25 2014 Monday ,23 June
Li back on track after Paris painGMT 15:32 2012 Tuesday ,18 December
Qatari Girls sparkle in GCC Basketball Championship
GMT 10:54 2017 Sunday ,05 March
Science behind cloud seeding relies on funding for resultsGMT 16:37 2012 Friday ,21 September
Nasser Shamma to give concert in Baghdad
GMT 23:03 2017 Sunday ,08 January
Over 30 dead as Kenya tanker crashes, explodes
GMT 21:53 2016 Thursday ,24 March
Iraqi forces start operation to dislodge Daesh from Ninawa
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor