Type
Closure
Country
Romania
Region
Nord-Vest; Cluj;
Location of affected unit(s)
Cluj
Sector
Professional Services
Scientific, Architectural And Engineering Technical Activities
Scientific Research And Development
72 - Scientific research and development

120 jobs
Number of planned job losses
Job loss
Announcement Date
27 April 2011
Employment effect (start)
Foreseen end date
30 September 2011

Description

The Finnish group Nokia announced the dismissal of 120 employees as result of the closure of the research division from Cluj by the end of September 2011. The closure is blamed on the company' market share decrease.


Sources

  • 28 April 2011: Ziarul Financiar

Citation

Eurofound (2011), Nokia Romania, Closure in Romania, factsheet number 71897, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71897.