Chinaprintingnet.com: Nokia Will Cut 3,500 Employees

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    • Jan 2009
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    Chinaprintingnet.com: Nokia Will Cut 3,500 Employees

    (PR-inside.com) Chinaprintingnet.com reports that Nokia on Thursday said it would cut 3,500 manufacturing employees. In the beginning of this year, Nokia announced the reduction of 6800 research staff. Nokia's cut of employees aims to continue to restructure its business, cut costs to make manufacturing operations closer to the Asian customers. According to the recent research of Chinaprintingnet.com (http://www.chinaprintingnet.com/supplier/) Nokia's share price slumped. The company has been restructuring for several times, but the effect is not significant. Nokia's CEO Elop said: "Through these planed adjustments, we will be more flexible, more agile and more efficient. We must go through the pain, which ..

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