Axe hovers over NSN staff in ME

Nokia Siemens Networks' 4,000 regional staff are waiting to hear if their jobs are safe, after the firm said this week it is to cut 9,000 jobs worldwide to save costs.

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By  Administrator Published  May 10, 2007

Nokia Siemens Networks' 4,000 regional staff are waiting to hear if their jobs are safe, after the firm said this week it is to cut 9,000 jobs worldwide to save costs.

The firm, a joint venture between Nokia and Siemens, said last year it would cut its 60,000 workforce by between 10-15% over four years to save US$2 billion in costs. The cuts announced this week are at the top end of that figure.

A spokesperson for Nokia Siemens Networks told IT Weekly the company is confirming its previously stated goal of cutting headcount on a global level but "cannot give further details on the EMEA region for the moment".

Nokia Siemens Networks' 4,000 employees are spread across 44 countries in the MEA region.

It has already announced planned cuts in Finland and Germany, where the parent companies are based; the firm said it plans to cut between 1,500 and 1,700 jobs in Finland, and between 2,800 and 2,900 jobs in Germany by the end of 2010.

"Similar processes will take place in other countries over the next few months," the company said in a statement.

Simon Beresford-Wylie, chief executive of Nokia Siemens Networks, described the job cuts as a "necessary" step. "I know that the planned actions announced today will be difficult for some, but it is our responsibility to create a winning company," he said.

Nokia Siemens Networks was formed out of a merger between Siemens Networks and Nokia Networks Business Group, which was first announced in June last year.

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