Nokia to cut 1,000 jobs from Finnish phone plant

DaMan

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Nokia on Thursday announced that it will cut as many as 1,000 jobs at its plant in Salo, Finland. The company’s layoffs will happen gradually through 2012, with most cuts happening by the end of June, <em>Reuters</em> reported. The Salo plant is the last large cell phone manufacturing plant in Western Europe, as most businesses have moved their manufacturing to Asia. Last month, Nokia <a href="http://www.bgr.com/2012/02/08/nokia-to-shed-4000-jobs-as-manufacturing-shifts-to-asia/">shed 2,300 workers from a plant in Komarom, Hungary and 700 others in Reynosa, Mexico</a> as it too shifted much of its manufacturing to China. This new round of layoffs comes as part of a larger effort to cut costs following <a href="http://www.bgr.com/2012/01/26/nokia-reports-huge-e1-billion-q4-loss-says-over-1-million-lumia-phones-sold/">the €1 billion loss the company reported last quarter</a>. <span id="more-132999"></span>
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