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Nokia Plans to Cut Jobs, Says Slow 5G Progress Not Cause For Layoffs

Headquartered in Espoo, Finland, Nokia currently employs 100,000 people worldwide, 6,000 of them in Finland

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Nokia to cut jobs, says slow 5G progress not cause for layoffs.

Finnish telecommunication giant Nokia on Tuesday announced its plans to cut jobs, media reported.

Nokia gave 350 as a layoff target in Finland, and said the figures in France and Germany would be higher, but did not specify.

However, the company denied that the cuts would be related to the slower than expected launch of 5G technology, Xinhua news agency reported.

Instead, the aim is to make operations more efficient as the consolidation after the purchase of the French Alcatel-Lucent has been completed.

Tommi Uitto, director in charge of Nokia’s operations in Finland, said the changes are “necessary”. The cutbacks are part of 700-million-euro (about $798.7 million) savings announced in October 2018. Thereafter Marc Rouanne, one of the key directors, left the company.

In line with the government's Digital India programme, Nokia on Wednesday launched a "Smartpur" digital village project with the aim of developing 500 digitally integrated villages across the country in five years.
Nokia gave 350 as a layoff target in Finland, and said the figures in France and Germany would be higher, but did not specify. Pixabay

In France, the General Confederation of Labour (CGT) accused Nokia on Tuesday of attempting to improve profitability through shifting work to countries where labour costs are lower than in France.

Finnish daily Helsingin Sanomat quoted the union as saying that Nokia has broken its 2016 promise to the then finance minister Emmanuel Macron that staff size at Alcatel-Lucent and Bell Labs would remain at 4,200 for two years.

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CGT claimed that Nokia had also broken its pledge to employ 2,500 new staffers in research and development. Helsingin Sanomat economics writer Petri Sajari said the French unions could turn the Nokia cutbacks against President Macron.

Headquartered in Espoo, Finland, Nokia currently employs 100,000 people worldwide, 6,000 of them in Finland. (IANS)

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Apple Says Responsible for 2.4mn Jobs in US

“Apple is a company where quality is paramount and they push us constantly to see if we can make improvements in our commercial product.”

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Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, Aug. 1, 2018. VOA

Apple has created 2.4 million jobs across all the 50 US states so far, four times the number of American jobs attributable to the company eight years ago.

The Cupertino-headquartered company is on pace to directly contribute $350 billion to the US economy by 2023, announced in January 2018, Apple said in a statement late Thursday.

“Apple also directly employs 90,000 employees in all 50 states, putting the company on track to create 20,000 new jobs across the US by 2023,” said the company.

Earlier this year in San Diego, Apple announced an expansion that will include 1,200 direct jobs and a new campus featuring hundreds of thousands of square feet of office, lab and research space.

“In Seattle, Apple will add 2,000 new employees in highly skilled engineering positions,” it added.

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The Apple logo is shown outside the company’s Worldwide Developers Conference in San Francisco, California. VOA

In 2018, Apple spent a total of $60 billion with its suppliers in the US.

Apple highlighted Maccor, one of the 9,000 suppliers, and one which makes battery testing systems.

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“The relationship with Apple has been tremendous and company-changing for us,” said Maccor President Andy MacKay.

“Apple is a company where quality is paramount and they push us constantly to see if we can make improvements in our commercial product.” (IANS)