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Saturday, November 21, 2009 10:55 PM

Published 11/04/2009 by mocoNews.net


Nokia Siemens Axing Up To 5,700 Jobs

Finnish mobile giant Nokia ( NYSE: NOK ) will lay off up to 5,700 jobs at Nokia Siemens Networks (NSN), the telecom infrastructure JV between Nokia and Siemens, as part of plans to save more than €500 million ($738 million) by 2012. Nokia lost €913 million ($1.34 billion) in the third quarter...

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What others report on the same story

Nokia Siemens to cut 5,800 jobs
HELSINKI: Struggling telecom equipment maker Nokia Siemens Networks aims to cut up to 5,800 jobs and save more than 1 billion euros ($1.48 billion) to stay competitive ... - [11/04/2009 - The News International]
NSN may cut nearly 6,000 jobs
, reeling from weaker sales and declining market share, said it may cut as many as 5,760 jobs as part of a broad restructuring and cost-cutting program. The program ... - [11/03/2009 - Fierce Wireless]
Nokia plans up to 5,800 job cuts
Struggling telecom equipment maker Nokia Siemens Networks aims to cut up to 5,800 jobs and save more than ¬1 billion to stay competitive in the market.The company ... - [11/03/2009 - Irish Times]

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