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Saturday, November 21, 2009 11:25 PM

Published 11/03/2009 by Asiaone


Nokia Siemens to cut thousands of jobs: company

HELSINKI, FINLAND - Finnish-German telecom equipment maker Nokia Siemens said on Tuesday that it could reduce its 64,000-strong workforce by seven to nine percent, or by 4,500 to 5,800 jobs, in a cost-cutting drive.

The cost-cutting is to 'improve financial performance and return...

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What others report on the same story

Nokia Siemens to cut 5,000 jobs - [11/03/2009 - Philippine Daily Inquirer]
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...the company said. "As part of this effort, the company will also conduct a global personnel review which may lead to headcount reductions in the range of about 7-9 percent of its current approximately 64,000 employees" it added. Nokia, the...

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