Nokia is to cut another 350 jobs as part of efforts to achieve annual savings of €700 million by the end of next year.
The latest redundancies will impact the company’s workforce in Finland, with state broadcaster YLE stating that only one facility in Oulu will be unaffected.
Of the company’s 100,000-strong workforce, just 6,000 are still located in Finland thanks to a series of job cuts caused by a dramatic reversal of fortunes in the mobile phone market and the disastrous takeover by Microsoft.
