Nokia to reduce Finnish workforce by 350 employees

“The planned changes are indispensable to secure Nokia’s long-term competitiveness,” Tommi Uitto, head of the company’s Finnish operations, according to a Reuters report. Back in October Evertiq reported about the company’s plans to accelerate progress in its strategic growth areas, sharpen customer focus and significantly reduce costs – something that will result in layoffs. However, the company never disclosed how many employees this would impact. The savings programme will reportedly also affect other countries, however the timetable for this as well as the specific measures will vary depending on local legislation, according to a report from Finland's national public broadcasting company, Yle.