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21

Nokia's final mass staffing changes to affect another 1100 employees

More staffing changes are coming to Nokia

As part of their 2012 initiative cut costs and realign certain business functions, Nokia announced it will begin outsourcing certain IT responsibilities to HCL Technologies and TATA Consultancy Services.

This decision could affect about 1100 current Nokia employees, including 300 layoffs and up to 820 employees getting transferred to the aforementioned consulting firms. All changes are expected to occur solely within their workforce in Finland.

A press release from the Finnish manufacturer states that they are "beginning the process of engaging with employee representatives on these plans in accordance with country-specific legal requirements." It also says that all employees affected by this latest volley of cuts will receive "financial support and a comprehensive Bridge support program," though no details are given.

While nobody likes to see job cuts, the bright side is that this is last round of employment changes that Nokia expects to make as part of their plan announced last June. And from a business perspective, it's a good sign for Nokia as a company that they do not anticipate having to make any further major cuts. That's not much consolation to those workers who are being transferred or losing their jobs, but it's a much silver lining as one can expect from such a thing.

Source: Nokia

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Comments

There are 21 comments. Sign in to comment

sanders2232 says:

It's business, all about profit.

willied says:

Thanks for stating the obvious. If they don't make a profit then they can't further develop the company and give pay raises to employees.

phatone17 says:

Yay, HCL!......not

Micah Dawson says:

Why does hcl sound familiar to me.

walter1832 says:

The alphabet song?

Its an Indian IT company. But why TATA its an Indian automobile company.

znellu says:

I guess you haven't heard about TCS (Tata Consultancy Services) which is a company that deals with IT sector.

The Tata Group is a conglomerate with biz ranging from Tetley, Jaguar Land Rover, Corus Steel, TAJ Hotels and of course Tata Consultancy Services (TCS)....Asia's largest software company. They have 100+ multinational companies in its protfolio.
 
BTW, TCS have designed the software for Ferrari's F1 as well as road cars., hence you have the TCS logos on Ferrari F1 cars.
 
 

RN50 says:

Im sure if Nokia het bk to where it was they will be hiring again in Finland.

Planblover08 says:

Its a great time to own a Nokia phone but not if you work for them. The Microsoft culture is spreading.

willied says:

What is this supposed to mean?

futurix says:

Microsoft does not outsource IT.

shadoweye14 says:

lol 820 Employees :D

Good thing it wasn't 920.

Viipottaja says:

Good to hear most are being transferred and not outright laid off.

Sucks to be a Nokia employee right about now

tribexx says:

They need to transfer those employees to manufacturing!

Explain how devs could work on an assembly line.