Arab Today, arab today nokia to cut 4000 jobs in europe
Last Updated : GMT 21:25:08
Arab Today, arab today
Arab Today, arab today

Nokia to cut 4,000 jobs in Europe

Arab Today, arab today

Arab Today, arab today Nokia to cut 4,000 jobs in Europe

Helsinki - Arabstoday

Nokia said it will slash 4,000 jobs in Finland, Mexico and Hungary in a further move to cut costs as it struggles against stiff competition in the smartphone market. The layoffs, to be completed by the end of 2012, are part of more than 7,000 global layoffs the Finnish company announced last year. Nokia said it is increasingly moving cellphone assembly from Europe to Asia where the majority of component suppliers are based, but would not close the three plants in Komaron, Hungary; Reynosa, Mexico; and Salo in Finland. “These three factories are planned to focus on smartphone product customization, serving customers mainly in Europe and the Americas,” said Niklas Savander, from Nokia’s markets sector. “(They) will continue to play an important role serving our smartphone customers.” Last month, Nokia reported that smartphone sales plummeted 23 percent globally in the fourth quarter as net revenue fell 20 percent to €10 billion ($13.11 billion) compared to a year earlier. Nokia has lost its once-dominant position in the global cellphone market, with Android phones and iPhones overtaking it in the growing smartphone segment.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today nokia to cut 4000 jobs in europe Arab Today, arab today nokia to cut 4000 jobs in europe

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today nokia to cut 4000 jobs in europe Arab Today, arab today nokia to cut 4000 jobs in europe

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday