Nokia announced plans to cut 3,500 jobs by the end of 2012 to adjust its workforce and operations. This is the second major restructuring in six months the company , which faces declining sales and profit. The Finnish company will close the factory that opened four years ago in Cluj, Romania, and cut with it, 2.2 million jobs. The unit cell produces simpler than smartphones. Nokia also announced cut of 1,300 jobs in the service unit that includes digital mapping, Navteq.
Industrial operations in Salo, Finland, Komaron, Hungary, and Reynosa, Mexico, will be subject to review, with the intention to shift the focus to customers and software. The cuts on Thursday (29) are part of a plan to save more than 1 billion euros, revealed in July.
In its new phase of reorganization, Nokia cut staff in the study area manufacturing and support functions. In the segment of Location & Commerce, the intention is to concentrate efforts in Berlin, Boston and Chicago and elsewhere and stop operations in Bonn (Germany) and Malvern (USA).