However, the company denied that the cuts would be related to the slower than expected launch of 5G technology.
Finnish
telecommunication giant Nokia
on Tuesday announced its plans to cut jobs, media reported.
Nokia
gave 350 as a layoff target in Finland, and said the figures in
France and Germany would be higher, but did not specify.
However,
the company denied that the cuts would be related to the slower than
expected launch of 5G technology, Xinhua news agency reported.
Instead,
the aim is to make operations more efficient as the consolidation
after the purchase of the French Alcatel-Lucent has been completed.
Tommi
Uitto, director in charge of Nokia's operations in Finland,
said the changes are "necessary". The cutbacks are part of
700-million-euro (about $798.7 million) savings announced in October
2018. Thereafter Marc Rouanne, one of the key directors, left the
company.
In
France, the General Confederation of Labour (CGT) accused Nokia on
Tuesday of attempting to improve profitability through shifting work
to countries where labour costs are lower than in France.
Finnish
daily Helsingin Sanomat quoted the union as saying that Nokia has
broken its 2016 promise to the then finance minister Emmanuel Macron
that staff size at Alcatel-Lucent and Bell Labs would remain at 4,200
for two years.
CGT
claimed that Nokia had also broken its pledge to employ 2,500 new
staffers in research and development. Helsingin Sanomat economics
writer Petri Sajari said the French unions could turn the Nokia
cutbacks against President Macron.
Headquartered
in Espoo, Finland, Nokia currently employs 100,000 people worldwide,
6,000 of them in Finland.
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