Nokia Networks Announces Staff Reductions

Nokia Networks, the infrastructure arm of Nokia, will eliminate 1,800 staff positions as part of cost-cutting measures. Up to 1100 of the 1800 planned personnel reductions will be in Finland, while the remainder will be divided among other countries. The reductions will be made in R&D, operations, sales and marketing and in support functions. The company said it is determined to continue a leadership strategy in mobile networking.
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