Nokia Cuts another 800 Jobs, This Time Only in Finland

 Nokia, which if calculated by volume is the biggest cellphone maker in the entire world, made an announcement this Tuesday stating that it has already planned and has decided to cut about 800 jobs in its home Finnish market. The company elaborated giving a statement that has come to this conclusion after detailed negotiations with employee representatives on the planned reductions; these planned reductions are scheduled to begin affecting the employees in January.

Nokia has full intentions and plans to now offer severance packages of worth between 5 months to even upto15 months of regular routine salary. Though the company has showed it concern and has stated that it hopes and wishes that some of the affected employees be attempted to be relocated elsewhere in the company.

Noticeably, earlier as well, Nokia has announced a huge job cut of upto 1,800 employees worldwide in this October.