Nokia to Slash 1, 300 Jobs in Finland 

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Nokia to Slash 1, 300 Jobs in Finland 

By Correspondent

The telecom network equipment maker, Nokia is planning to cut about 1,300 jobs in its native Finland, following its acquisition of France’s Alcatel-Lucent. The global job cutting program of Nokia started on Wednesday as it targets 900 million euros ($1.02 billion) of operating cost synergies from the Alcatel deal by 2018. A spokesman for the company declined to give further information on how many positions Nokia was planning to cut in other countries or globally. Nokia currently employs about 6,850 people in Finland and about 104,000 globally.

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