Nokia Siemens Networks

Type
Internal restructuring
Country
Austria
Region
Ostösterreich; Wien; Wien
Location of affected unit(s)
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
95 jobs
Number of planned job losses
Job loss
Announcement Date
3 June 2012
Employment effect (start)
24 November 2011
Foreseen end date
31 December 2012

Description

The Austrian branch of Nokia Siemens Network (NSN) is to lay off 95 employees in the frame of its global restructuring plan announced in November 2011 (see here).

The company, a telecommunications joint venture by Finnish Nokia and German Siemens, has registered 25 employees with the early warning system of the Public Employment Service AMS at the end of May and is to lay off additional 70 workers until the end of 2012.

The company currently employs 400 people in Austria.

Sources

  • 23 November 2011: Die Presse
  • 23 November 2011: Der Standard
  • 20 December 2011: Wirtschaftsblatt
  • 3 June 2012: Wirtschaftsblatt

Citation

Eurofound (2012), Nokia Siemens Networks, Internal restructuring in Austria, factsheet number 72813, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72813.