Nokia Ends 4,000 Jobs As Production Moves to Asia

Despite Operation Rolling Thunder rolling into full swing, Nokia has announced that it plan to cut 4,000 jobs from plants all over the world, including Hungary, Mexico, and its homeland Finland. These job cuts are the result of an effort for Nokia to shift production to Asia.

Job losses for each of the three plants include 2,300 in Komarom, Hungary, 700 in Reynosa, Mexico, and 1,000 in Salo, Finland. It’s obvious that Nokia is doing whatever it can to cut costs in order to remain competitive, as the Salo production facility is the oldest for Nokia and yet it was not immune to cuts.

[via WPCentral]


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