Nokia confirms plans to cut 800 jobs

Nokia confirmed Tuesday that it plans to cut approximately 800 jobs in its home country of Finland. The newly confirmed work force reductions are in addition to the 1,800 jobs Nokia announced it would have to cut this past October. Nokia said it has concluded negotiations with employee representatives, and it will give affected workers between five and 15 months salary as severance. Nokia stated that the new round of layoffs will begin in January 2011, and it hopes some of the laid off employees will be relocated elsewhere in the company.

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