Technology news and Jobs
VIRTUALISATION
Nokia aims to shed 1000 staff, voluntarily
VIRTUALISATION
Nokia aims to shed 1000 staff, voluntarily | Nokia aims to shed 1000 staff, voluntarily |
|
| by Stuart Corner | |
| Thursday, 26 February 2009 | |
Nokia has embarked on further cost cutting, announcing plans to offer voluntary redundancies to 1000 staff globally on a first-come-first served basis; to encourage staff to take sabbaticals and unpaid leave; and to take their leave rather than take pay in lieu of leave. Featured Whitepaper
5 Best Practices for Smartphone Support
The global voluntary resignation package will be made available for employees worldwide, with the exception of direct labour and senior executives and will be open for application from March 1 until May 31 2009 or until 1000 applications have been received, whichever comes first. During 2009, Nokia says it will also grant short-term unpaid leaves and sabbaticals of, for example, one month, more freely "where operations allow and business continuity is not jeopardised." Terms and implementation of all these schemes are subject to each country's practice and legislation.
This article first appeared in ExchangeDaily, iTWire's daily newsletter for telecommunications professionals. Register here for your free trial.
![]() |
| < Next story in category | Previous story in the category > |
|---|






Tags




