Internal restructuring
Location of affected unit(s)
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

150 - 175 jobs
Number of planned job losses
Job loss
Announcement Date
11 January 2005
Employment effect (start)
11 February 2005
Foreseen end date
31 December 2005


Nokia's Multimedia Business Group announced on 11 January 2005 the decision to streamline its global research and development activities.

Streamlining has a global scope but the downsizing is mainly expected to materialize in Germany and Finland. The number of personnel reductions will be decided after negotiations with employee representatives are finalized. The company estimates the cuts will be around 250 employees.

The planned reductions are expected to materialize gradually during 2005. The negotiation process will aim to find alternative solutions and assignments for as many employees as possible within Nokia.

0n 22 February 2005, after the finished cooperation negotiations Nokia Multimedia Group has decided to cut its workforce by 150-175 persons.


  • 25 February 2005: Helsingin Sanomat
  • 12 January 2005: Helsingin Sanomat


Eurofound (2005), Nokia, Internal restructuring in World, factsheet number 61167, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61167.