Nokia axes 700 jobs, 130 go in IT

Nokia is axing 700 jobs across the global group, including 130 positions in its IT department.

Nokia is axing 700 jobs across the global group, including 130 positions in its IT department.

Half of the 700 jobs will go in Finland and the largest number of jobs will be axed from the firm’s loss-making enterprise solutions division.

Nokia said it planned to offer many of those affected with alternative jobs in the organisation.
"We have a number of positions open in Nokia, and the impacted people are naturally priority candidates for positions that match their competencies," said Juha Äkräs, senior vice president for Nokia human resources.

"We have a good track record from previous years of redeploying employees in similar situations," said Äkräs.

In 2006, close to 10,000 people rotated into new positions across the Nokia group,” Äkräs said.
The company said Nokia's enterprise solutions group planned to sharpen its focus on markets where there is a greater return on investment, which will strengthen the business group's ability to compete effectively.

It is estimated that globally approximately 360 employees in enterprise solutions and 30 employees in customer and market operations will be affected by these changes.
In Nokia's IT organisation, 130 jobs will go. Another 140 jobs will go in software development and R&D. 

Related article: Nokia boosts profits

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