Nokia to cut 170 jobs worldwide: Company

[dhilipkumar]

Nokia to cut 170 jobs worldwide: Company

world's leading mobile phone maker, said  170 more jobs would be cut globally as it reorganises its logistics, production management and production support units.

At most, 100 of the 170 job reductions would take place in its native Finland, the company said in a statement.

Nokia had already announced around 3,500 job reductions since January, including 1,000 voluntary redundancy packages.

Nokia has tackled the issue with a cost-cutting programme, which aims to create more than 700 million euros (953 million dollars) in annual savings.

economictimes