Nokia says it will cut up to 300 jobs in restructuring of IT unit
HELSINKI (AFP) - Nokia said today it will cut up to 300 jobs in a restructuring of its global IT organisation.
"As part of the planned changes, Nokia plans to transfer certain activities and up to 820 employees to HCL Technologies and TATA Consultancy Services," the company said in a statement.
The Espoo-based company said the majority of those affected by the changes were based in Finland.
The plan would increase efficiency, reduce costs and create an IT organisation "appropriate for Nokia's current size and scope," it added.