Economics
Shakeup At Nokia: It’s Laying Off 4,000 ~ Moving Work to Asia
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Nokia is moving more of its manufacturing to Asia, the company says,
and it is laying off about 4,000 workers
by year-end at three factories in Europe and Mexico.
Currently,
the affected factories in Komarom, Hungary; Reynosa, Mexico; and Salo, Finland,
employ a total of 8,900.
Nokia had said in September
that it was reviewing operations at the three factories.
At the time,
it said it was closing a Cluj, Romania, factory.
It noted that the company’s Asian factories provided greater scale and proximity to component manufacturers.
.
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