Nokia Slashes 300 Jobs in Finland, Outsources 820 to India

Nokia announced Thursday that it was planning to reduce its workforce by 1,000 employees as the Finnish company seeks ways to cut costs and streamline operations.

The company said it will shift 820 IT jobs to a pair of India-based outsourcing companies, HCL Technologies and Tata Consultancy Services, in a move to "increase operational efficiency and reduce operating costs."

Nokia also plans to reduce its global IT organization by up to 300 employees. Nokia will offer employees affected by these planned reductions both financial support and a comprehensive Bridge support program.  These are the last anticipated reductions as part of Nokia's focused strategy announcement of June 2012, the company said in a statement.

Most of the affected employees are based in Finland, the company said.

The latest cuts are part of a plan announced last June to slash 10,000 jobs in its mobile division by the end of this year. That was on top of an earlier plan to eliminate about 14,000 jobs world-wide.

Stephen Elop, Nokia President and CEO, had said then that the effort was to "re-shape our operating model and ensure that we create a structure that can support our competitive ambition".

"The majority of those affected are in Finland, both for planned transfers and possible redundancies. We are now beginning consultations with employee representatives where applicable, until those have concluded it would be inappropriate to comment in further detail," a Nokia spokesperson said.

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