Legend: Nokia Corporation
Nokia's reduction in the number of employees is lower than the initial plan. Nokia had originally planned to lay off at most 425. According to Nokia layoffs plan, 283 people from the company's main network business, and another 70 people from the technical department. Nokia technology department including authorized business And digital health business.
Since the acquisition of Alcatel-Lucent in 2016, Nokia has sought to save 1.2 billion euros (about 1.5 billion U.S. dollars) in costs each year. The weak network equipment market has prompted Nokia to increase its efforts to implement this plan.
Currently, Nokia employs 6,300 people in Finland and employs approximately 102,800 people worldwide.