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Nokia to lay off 170 employees

Reductions are part of global cost-savings plan following Alcatel-Lucent acquisition

Last year the Finnish company cut 960 jobs in its home market.
Last year the Finnish company cut 960 jobs in its home market.

Nokia has decided to cut 170 jobs in Finland, as reported by Reuters. 

Earlier in May, the company had shared its plans to cut up to 200 jobs from network operations and support functions. 

Last year, the Finnish company cut 960 jobs in its home market and also said it would do away with 1,400 positions in Germany. 

The reductions are part of a 1.2 billion-euro ($1.3bn) global cost-savings plan which was announced after its 2016 acquisition of Alcatel-Lucent.

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