Nokia Siemens Networks

Type
Internal restructuring
Country
Finland
Region
Manner-Suomi;
Location of affected unit(s)
Espoo, Oulu, Tampere
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
400 jobs
Number of planned job losses
Job loss
Announcement Date
12 September 2012
Employment effect (start)
Foreseen end date

Description

Nokia Siemens Networks, a manufacturer of communications network equipment, has announced cuts of up to 400 employees from its Finnish operations. The company is starting negotiations with employee representatives on the cuts, which are to be carried out without dismissals.

Nokia Siemens Networks will be offering support packages for those willing to leave voluntarily. In March 2012, the company laid off over 600 employees while other left voluntarily. The details of the support package will be subject to negotiations.

Sources

  • 12 September 2012: Taloussanomat

Citation

Eurofound (2012), Nokia Siemens Networks, Internal restructuring in Finland, factsheet number 74134, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74134.