News Economy Market: Nokia will lay off thousands of employees, including 400 in France

Thursday, April 7, 2016

Nokia will lay off thousands of employees, including 400 in France – Numerama

direct consequence of the Nokia acquisition by Alcatel-Lucent, the group reorganizes to save money. Thousands of jobs will be deleted throughout the world, including in France.

The social costs fell. Three months after the formalization of the acquisition of Alcatel-Lucent by Nokia, the Finnish announces it will cut its workforce in order to achieve “ synergy of operational costs of the order of 900 million euros by the end of 2018 “-. between the lines, the telecom giant will especially reduce costs by destroying jobs

of the 104 000 employees in question a wave of layoffs involving 10 000 to 15 000 people. France is no exception, but is relatively untouched compared to its European neighbors. Indeed, Nokia is committed to France to keep jobs. Thus, 4 200 jobs will be retained until 2017.

411 positions will be eliminated in the hexagon by early 2018

in a statement, the CFE-CGC union, said that 411 jobs will be cut in France by early 2018. Some will take the form of voluntary departure, but the other will be a social plan. The sectors mainly concerned are the core functions and support. For its part, R & amp; D is less undermined; unions speak for twenty positions in the balance, divided between Bell Labs and research centers.

As the old products are arrested, 1,300 employees will be gradually redeployed to 5G and the Internet of Things. The OEM also plans to close all of its offices and to consolidate all its activities on the only two sites Villarceaux (Bell Labs) and Lannion.

City of Innovation Alcatel Lucent Villarceaux — the city of innovation of Alcatel Lucent Villarceaux

These measures are part of the continuity of the Shift plan implemented under the by Michel Combes, who had already halved the French workforce of the group. As for good news, 500 research jobs will actually be created in the next three years, 300 to new graduates. These creations that result in the opening of 337 new jobs between 2016 and 2017 should therefore balance the workforce balance

Elsewhere, layoffs will be larger. in Germany alone, these are 1400 jobs threatened . the biggest loser is definitely Finland, home country of Nokia, which has continued to see its workforce melt like snow in the sun since the purchase of the smartphone division by Microsoft. Of the 6850 people, 1300 are doomed from; they will join the 2300 other lost in 2014 after the closure of the Salo plant in Finland by Microsoft.