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Nokia: 3.500 layoffs between Germany, the USA and Romania by 2012

The Finnish giant will close its activities in Bonn, Malvern and Cuji – Meanwhile the joint venture Nokia Siemens Networks is being strengthened with a billion dollar injection of funds.

Nokia: 3.500 layoffs between Germany, the USA and Romania by 2012

By 2012, Nokia will lay off 3.500 people. This was communicated by the Finnish telephone company itself, which in an official note announced its intention to interrupt a series of activities around the world. In detail, the plants in Cluji (Romania), Bonn (Germany) and Malvern (United States) will close their doors.

The group also reports that Jesper Ovesen has been appointed as the new executive chairman on the board of the joint venture Nokia Siemens Networks. As part of this project, the two multinationals, Nokia and Siemens, will provide new liquidity for 500 million euros each with the aim of "laying the foundations for strategic flexibility, productivity and innovation in sectors such as broadband mobile and related services”.

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