On Friday, The Finland’s technology giant Nokia Corp, has announced that “It has completed the lay-off talks in its home land (Finland), as a result it will effect more than 170 employees by the year end.
In May, Nokia announced that it is planning to layoff more that 200 jobs from the network operation and support staffs.
Currently, Nokia has 6,100 employees in Finland and 101,000 employees across the globe. Last year Nokia cut 960 jobs in its home market and it also said that it would do away with 1,400 positions in Germany.
This jobs cuts are part of the global savings plan of 1.2 billion euros (1.3 billion US dollars), which was announced after the acquisition in 2016 of the French-American competitor Alcatel-Lucent.