4000 Nokia Employees to face firing squad
Former mobile phone giant Nokia has announced plans to axe 4000 of their employees in the coming months.
In a statement the company states three of their factories located in Finland, Hungary and Mexico will face changes as Nokia plans to move all device assembly to their factories in Asia.
The factories at Finland, Hungary and Mexico will focus more on smartphone product customization, serving customers mainly in Europe and the Americas according to the statement.
Nokia’s executive Vice President Niklas Savander in a statement said, “With the planned changes, our factories at Komarom (Hungary), Reynosa (Mexico) and Salo (Finland) will continue to play an important role serving our smartphone customers. They give us a unique ability to both provide customization and be more responsive to customer needs.”
Savander also noted that the decision taken to transfer device assembly to Asia will ultimately result in a more fruitful venture for Nokia, “Shifting device assembly to Asia is targeted at improving our time to market. By working more closely with our suppliers, we believe that we will be able to introduce innovations into the market more quickly and ultimately be more competitive,” he said.
The statement also mentions up to 4000 workers will lose their jobs in the process, “As a consequence of the plans, the number of steps in manufacturing and the amount of work carried out at the sites in Komarom, Reynosa and Salo are expected to decrease substantially. The changes are anticipated to impact approximately 4,000 employees in total.”
Nokia in 2011 between April and September announced up to 10,500 job cuts in the company, the company also faced a 73% loss in their fourth quarter smartphone earnings in 2011.
Nokia have in a move to win back the mobile market switched to Windows 7 as its Operating System in their handsets.
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