Internal restructuring
Location of affected unit(s)
Espoo, Helsinki, Oulu, Tampere
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26.4 - Manufacture of consumer electronics

353 jobs
Number of planned job losses
Job loss
Announcement Date
15 February 2018
Employment effect (start)
Foreseen end date


Finnish technology company Nokia is reducing up to a total of 425 jobs in its Networks and Technologies sections. 350 of the job cuts are planned for Networks and 75 for Technologies, and the redundancies will affect all the units in Finland, with the exception of the Oulu factory. The negotiations should start on Thursday 22 February 2018.

Nokia says the restructuring is necessary in order to secure the company's competitiveness in the long term. The communication services market is expected to decrease in 2018. Furthermore, Nokia refers to its synergy and cost savings programme published in 2016 in connection with its purchase of the French Alcatel-Lucent.

The company's engineer employee representative in Espoo criticises the decision and attributes it to loose legislation regarding collective dismissals in Finland. In January 2018, Nokia cut 80 jobs at its Technologies section, and in June 2017 some 170 jobs were reduced from Networks.

Update 05/04/2018: Employer-employee negotiations were concluded in late March 2018. The total number of dismissals at Nokia landed at 353. 283 jobs are cut from Networks and 70 from Nokia Technologies.


  • 15 February 2018: YLE
  • 15 February 2018: YLE
  • 29 March 2018: Helsingin Sanomat
  • 29 March 2018: Nokia (press release)


Eurofound (2018), Nokia, Internal restructuring in Finland, factsheet number 93367, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93367.