Nokia’s wielding another axe to its operations, cleaving away a further 4,000 employees from its operations in Finland, Hungary and Mexico. It follows a shedding of roughly 10,000 employees and a troubled withdrawal from Romania as the company pushes more operations towards Asia in an attempt to compete with its competitors . Whilst no more phones will be assembled in Europe, the company isn’t closing the facilities outright, they’ll be retained for “high value activities” (presumably R&D and other big-ticket projects)

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Nokia ends European, Mexican production: it’s all Asia now (Updated)









