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Author Nokia to cut about 800 jobs in Finland
tranced
LG Nexus 4
Joined: Jan 19, 2006
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From: Santo Domingo, wonDeRland
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Posted: 2010-12-15 10:44
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HELSINKI, Dec 14 (Reuters) - Nokia, the world's biggest cellphone maker by volume, said on Tuesday it planned to cut about 800 jobs in its home Finnish market.

The company said in a statement it concluded negotiations with employee representatives on the planned reductions, which it plans to start putting into effect in January.

Nokia plans to offer severance packages worth 5-15 months of regular salary but hopes some of the employees affected will be relocated elsewhere in the company, it said.

A little more here.
[ This Message was edited by: tranced on 2010-12-15 10:01 ]
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jake20
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Joined: Jan 23, 2009
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From: USA
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Posted: 2010-12-15 15:53
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that really sucks..
Bonovox
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Posted: 2010-12-15 15:57
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Well no one is immune from the recession. It hit most manufacturers in one way or another.
Phone?? What phone??
skurk198
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Joined: Oct 06, 2010
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From: South Africa
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Posted: 2010-12-15 18:15
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EISH!!!! thats sad!!! And i know that feeling all to well, of being "layed off", but im a firm believer that everything happens for a reason!!! With that said i "bounced back" and im sure most of those employees of nokia will to!!! ( i'll keep those employees and their families in my prayers)

@tranced... Thanx for the info boss!!! God bless!!!
"Life is all about the HUSTLE" thats why I wont give up, "I'LL PUSH THE STRUGGLE"
skurk198
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From: South Africa
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Posted: 2010-12-15 18:18
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[ This Message was edited by: skurk198 on 2010-12-15 18:05 ]
false_morel
Nokia Lumia 920
Joined: Feb 24, 2010
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Posted: 2010-12-15 18:37
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Any explanation or reasons for this?
I'm not into economics..

And I noticed Nokia have over 130,000 employees! This is one huge company.
What would cutting 1800 worldwide, 800 of them in Finland, do in effect?!

Anyway, while I was reading, I noticed Nokia had about $55 billions revenue, and $1.2 billion profit last year.
Apple with 50,000 employees, have about $65 billions revenue, and $14 billions profit!

Of course, by Apple, it's meant the whole corporation, not just the iPhone segment.
Bonovox
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Posted: 2010-12-15 18:41
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They have a factory in Hungary in which my best friend in Hungary her mom works in it.
[ This Message was edited by: Bonovox on 2010-12-15 17:42 ]
Phone?? What phone??
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