Nokia axes 250 jobs in USA

India Business Journal - - GLOBAL WRAP-UP -

Nokia Net­works is plan­ning to make some dras­tic cuts, a move which be­gan with lay­ing off 250 em­ploy­ees at its Naperville lo­ca­tion last month. The com­pany is likely to lay off 250 more work­ers be­fore the end of 2018. Rep­re­sen­ta­tives for Nokia have said that the lay­offs are a part of "a global syn­ergy and trans­for­ma­tion pro­gramme" that started when the com­pany ac­quired the Naperville-based Al­catelLu­cent in 2016 and is ex­pected to last un­til the end of the year. Nokia's spokesper­son did not say how many jobs were cut or would be cut, but ac­knowl­edged "re­duced head­count in Illi­nois".

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