|
|
|
|
|
BEIJING, Sept 30, 2011 - (ACN Newswire) - Chinaprintingnet.com reports that Nokia on Thursday said it would cut 3,500 manufacturing employees. In the beginning of this year, Nokia announced the reduction of 6800 research staff. Nokia's cut of employees aims to continue to restructure its business, cut costs to make manufacturing operations closer to the Asian customers.
According to the recent research of Chinaprintingnet.com (http://www.chinaprintingnet.com/supplier/) Nokia's share price slumped. The company has been restructuring for several times, but the effect is not significant. Nokia's CEO Elop said: "Through these planed adjustments, we will be more flexible, more agile and more efficient. We must go through the pain, which is necessary to enable our employees and operations agree with our direction."
Chinaprintingnet.com analyzes that in terms of shipment, Nokia is the world's largest mobile phone operator. In recent years, because of the rise of Apple and Android, its market share declined rapidly. In the early of this year, Nokia gave up the Symbian platform and focused on the Microsoft Windows platform.
In April, Nokia by the end of 2012 will lay off 4,000 people in Denmark, the UK and Finland. Nokia has cut 7.4% of the staff. Chinaprintingnet.com points out that, the company prepared to close Romania's low-end feature phone factory before the end of this year and turn the manufacturing to Asia. With the adjustment of supply chain operations, it will affect a total of 2,200 employees.
Contact:
http://www.chinaprintingnet.com/
Email: my@chinaprintingnet.com
Topic: Press release summary
Source: Chinaprintingnet.com
Sectors: Daily Finance, IT Individual
https://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
