Nokia Siemens to cut 17,000 jobs - Democratic Underground

dipsydoodle

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Wed Nov-23-11 08:49 AM
Original message

Nokia Siemens to cut 17,000 jobs

Source: BBC News

The struggling telecoms equipment manufacturer Nokia Siemens Networks is cutting 17,000 jobs.

The cuts from its 74,000-strong workforce should help cut operating costs by some 1bn euros ($1.35bn; £860m).

Nokia Siemens has struggled to make profits so its parent firms are eager to distance themselves from it.

Read more: http://www.bbc.co.uk/news/business-15858081

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OverDone

(62 posts) Send PM | Profile | Ignore

Wed Nov-23-11 10:16 AM
Response to Original message

1. DailyJobCuts.com

Its insane to see, all this mess happening everyday. The worst part is all we hear is recovery.

http://www.dailyjobcuts.com

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