Feb 26 • 06:10 UTC 🇫🇮 Finland Ilta-Sanomat

HS: Nokia begins to reduce jobs in Finland

Nokia announced on Wednesday that it will cut up to 156 jobs in Finland, particularly in its mobile network business.

Nokia, the telecommunications equipment manufacturer, has communicated to its employees in Finland that it plans to reduce its workforce by up to 156 positions. This decision was reported by Helsingin Sanomat, although Nokia has not issued an official press release on the matter. The proposed job reductions are primarily expected to impact Nokia's mobile networking division, indicating a significant shift within the company’s operational strategy in Finland.

The job cuts are part of a larger restructuring plan, with negotiations set to begin on March 2nd. Mikko Hautala, who is responsible for Nokia's geopolitics and public relations, stated in the internal communication that the company intends to continue focusing on strategically important sectors within Finland, including defense and the opportunities offered by artificial intelligence and data centers. This suggests that while Nokia is reducing jobs in some areas, it is simultaneously looking to invest in technological advancements and sectors that could expand its future capabilities.

This move raises questions about the broader implications for Nokia's presence in Finland, particularly as it navigates a highly competitive telecommunications market. The shift reflects ongoing challenges within the industry, as companies adapt to rapid changes in technology and market demands. Stakeholders will be keenly watching how these job reductions will affect Nokia’s operational efficiency and innovation potential in the evolving tech landscape.

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