Nokia Siemens Networks

Type
Internal restructuring
Country
Belgium
Region
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
127 jobs
Number of planned job losses
Job loss
Announcement Date
30 January 2012
Employment effect (start)
Foreseen end date
31 December 2012

Description

Nokia Siemens Networks, Finish-German data networking and telecommunications equipment joint-venture, will cut 127 jobs in Belgium. The plants in Diegem and Braine-l'Alleud will close and respectively 39 and 19 jobs will be lost there. Additionally, the plant of Herentals will see 69 jobs cut among the 300 workers. 

This is part of NSN's global plans, which became public in November 2011 and include 17,000 job cuts worldwide (see here) by the end of 2013. The cuts represent almost a quarter of the company's workforce, which currently stands at 74000.

Currently, the unions are in negotiations with the local management in an effort to reduce the number of layoffs. The timeline for the cuts is not yet known.

Sources

  • 31 January 2012: L'Echo

Citation

Eurofound (2012), Nokia Siemens Networks, Internal restructuring in Belgium, factsheet number 73055, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73055.