This morning brings news of yet more cost trimming by Nokia in the form of around 285 jobs at their manufacturing plant in Salo, Finland. The reason for this is quoted in the PRESS RELEASE as a new operating mode.
The new operating mode essentially means the investment in new, faster, more efficient hardware and more automation, thus reducing the need for skilled workers on the job floor.
Now the press release doesn’t specifically define whether or not the new machines will be installed in the Salo factory, or another lower cost factory around the world, such as in Brazil or China. It does seem to read that the hardware upgrade will be invested in Salo, but it is an open jury on that.
The current state of temporary rotational job losses at Salo are hoping to be brought to an end by June 2010. Ultimately I would guess this means yet more redundancies at Nokia.
What do you think of this latest round of job losses at Nokia, especially considering the positive Q4 2009 financial results? Let us know in the comments.
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