Nokia cuts 350 jobs in Finland

Jan. 15, 2019 8:22 AM ET|About: Nokia Corporation (NOK)|By: Brandy Betz, SA News Editor 

 

Nokia (NYSE:NOK) is cutting 350 of its 6,000 jobs in Finland as part of its plan to save $800M by next year.

The cost-cutting plan was announced last fall without specifying potential job impact.

According to Bloomberg First Word, Nokia also plans to cut 460 jobs in France over the next two years.

Nokia is down 0.3% premarket to $6.