Oct 10, 2011

The Nokia contraction continues: 3,500 further job losses and more on the horizon

The Nokia contraction continues: 3,500 further job losses and more on the horizon

Nokia always said there'd be “substantial reductions in employment” but it's still brutal to see it happen. The manufacturer just revealed it intends to close its massive manufacturing plant in Cluj, Romania in order to shift high-volume feature phone production to Asian factories. The Cluj plant currently employs 2,200 people. Further “consolidation” of Nokia's Location and Commerce business will result in the closure of sites at Malvern in the US and Bonn in Germany, impacting around 1,300 employees.

2DayBlog.com, The Nokia contraction continues: 3,500 further job losses and more on the horizon

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