Nokia to lay off 1,300 workers in Finland

April 06

14:24 2016

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Nokia is planning to cut about 1,300 jobs in its native Finland, following its acquisition of France’s Alcatel-Lucent, the telecom network equipment maker said in a statement on Wednesday.

A spokesman of the company declined to give further information on how many positions Nokia was planning to cut in other countries or globally.

Nokia started its global job-cutting programme on Wednesday, as it targets €900 million ($1.02 billion) of operating cost synergies from the Alcatel deal by 2018.

Nokia currently employs about 6,850 people in Finland and around 104,000 globally.