Nokia could cut 10,000-15,000 jobs worldwide: union


  • TECH
  • Tuesday, 24 May 2016

The Nokia headquarters is seen in Espoo, Finland April 6, 2016. REUTERS/Antti Aimo-Koivisto/Lehtikuva/File Photo

HELSINKI: Telecom network equipment maker 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 €900mil (RM4.15bil) of operating costs by 2018, but it has yet to give a figure for how many jobs will be reduced in total. 

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