Nokia To Cut Hundreds Of Jobs In Finland

Cuts are part of worldwide efforts to streamline operations and make cost savings.

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File picture of flags at Nokia's Espoo campus / Credit: Nokia Instagram

Nokia is again set to cut hundreds of jobs in Finland.

The technology company announced Thursday morning that it will start negotiations to cut approximately 350 jobs.

Job cuts are expected to come from all Nokia network business groups and support functions, and affect all locations in Finland except the Oulu plant.

“The market conditions for communications service providers were challenging in the previous year, and as we have already said, the market is expected to continue to decline this year” says Nokia’s Finland country manager Tommi Uitto.

“To succeed in this market environment, we need to further streamline our operations across the board, including in Finland” he adds.

Nokia currently has about 6300 employees in Finland, and they’re also making cost savings in other countries too, looking to cut about €1.2 billion in total savings worldwide.