Nokia Corp. on Thursday announced a further 3,500 job cuts by 2012 as it strives to save costs and restructure while its global market share falls due to stiff competition in the smartphone sector.
The Finnish cellphone maker said it will close a manufacturing plant in Cluj, Romania, by the end of 2011 which will mean 2,200 job cuts, mostly at the plant, but will include personnel in supply chain operations throughout Europe.
via businessweek.com
No comments:
Post a Comment