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NSN to fire 400 staff in Finland
13 September 2012
Nokia Siemens Networks starts job-cutting programme in Finland as part of 25% in global staff
Nokia Siemens Networks
Nokia Siemens Networks will lay off around 400 employees in Finland, beginning next week as part of the company’s global cost-cutting programme.
NSN said in November last year that it wanted to cut a quarter of the group’s employees in an attempt to return to profitability due to the stiff competition with Ericsson, Huawei and ZTE.
CEO Rajeev Suri recently said that the company is in talks with several companies to sell its business support systems unit. In 2011, NSN sold its WiMax business to NewNet Communication Technologies and said it will lay-off around 2,900 workers in Germany. GTB
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