Nokia to Cut 10,000-15,000 Jobs Worldwide: Finnish Union
Nokia is likely to cut 10,000 to 15,000 jobs globally as part of a cost-cutting programme following its acquisition of Franco-American rival Alcatel-Lucent, a Finnish union representative said.
Nokia kicked off the programme in April with a target to slash $1 billion of operating costs by 2018, but it has yet to give a figure for how many jobs will be reduced in total.
"We haven't heard any official numbers, but based on the information from our union contacts, I would estimate the global impact of this round would likely be around 10,000 to 15,000 jobs," said Risto Lehtilahti, a trade union shop steward at Nokia's Oulu site.
A Nokia spokeswoman declined to comment on the 10,000-15,000 figure.
Nokia employs around 104,000 people worldwide. Last week the company specified its pl...