Nokia supplier Perlos ends Finland production, over 1,100 laid off
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Finnish company Perlos, which makes mobile phone casings for Nokia, said on Monday it would end production with the loss of 1,132 jobs, as part of a bid to return to profitability.
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The Finnish telecom giant puts down roots in India.
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Finnish phone maker Nokia Corp. said Tuesday it will close a manufacturing plant and automotive supply unit in Bochum, Germany, and was in talks to sell a research and development unit in Bochum to Sasken Technologies.
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STOCKHOLM  - TeliaSonera Corp., the Nordic region's largest telecommunications operator, said Friday it plans to cut 650 jobs in Finland, or about 10 per cent of its workforce there, as it moves to control costs.
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Thousands of workers for Stora Enso of Finland, Europe's leading paper and cardboard maker, staged a 24-hour strike to protest plans by the company to cut 1,700 jobs, unions said Saturday.
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Nokia (NOK1V.HE), the world's top  cellphone maker, said on Tuesday it plans to close its plant in  Bochum, Germany, by mid-2008 and may cut up to 2,300 staff as  it moves production to lower-cost regions.
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HELSINKI - Nokia, the world&#39;s largest handset maker, said it had received a 98-milllion-euro order from Libya&#39;s General Post and Telecommunications Company for a mobile phone network.
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The Finnish government announced Wednesday it will reduce its stake in TeliaSonera, the Nordic region's largest telecommunications operator, by at least 5.3 percent with the sale of some 250 million shares, valued at about 1.15 billion euros (&#36;1.5 billion).
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Nokia, the world's leading maker of mobile phones, has said it would shed some 700 jobs, with Finland taking the brunt of the cuts.
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Nokia Corp., the world's biggest mobile phone maker, said Tuesday it plans to lay off "a few hundred" research and development workers globally, including up to 250 in Finland, in a move to cut costs.
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Nokia Corp., the world's largest mobile phone maker, plans to shut down its Florida phone refurbishing plant by September 2005 and cut 400 jobs.
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German anger over plans by Nokia  (NOK1V.HE) to close a plant escalated on Friday, with the  finance minister accusing the cellphone maker of "caravan  capitalism" and others vowing to replace their Nokia phones.
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Chip maker chips away at work force, cuts 7500 jobs.
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Motorola Inc. is laying off 1,000 employees in conjunction with its upcoming chip unit spinoff and ongoing efforts to reduce operating costs, the company said Tuesday in a regulatory filing.
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Hewlett-Packard Co. said on Wednesday  it had signed a five-year technology outsourcing agreement with  Nokia worth $100 million per year, finalizing a deal first  flagged in February.
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The German state of North  Rhine-Westphalia and Nokia (NOK1V.HE) (NOK1V.HE) will seek  "innovative solutions" for a plant that the Finnish mobile  phone group plans to close to cut costs, the state said on  Monday.
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Nokia Corp. on Tuesday cut its operating margin targets, blaming increased exposure to the network infrastructure business.Comment