JV trims 350 jobs in China as part of worldwide cuts
By Rich Zhu |
March 29, 2012, Thursday
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Print Edition
Print Edition
NOKIA Siemens will trim 350 jobs in China as part of its plan to slash 17,000 jobs globally, the struggling joint venture said yesterday.
The reduction will account for 3.5 percent of employee numbers at Nokia Siemens China, which now employs 10,000 workers.
The joint venture, set up by Nokia Corp and Siemens AG in 2007, faces a huge cost pressure as it competes with rivals, including Ericsson Inc, ZTE Corp and Huawei Technologies.
The reduction will account for 3.5 percent of employee numbers at Nokia Siemens China, which now employs 10,000 workers.
The joint venture, set up by Nokia Corp and Siemens AG in 2007, faces a huge cost pressure as it competes with rivals, including Ericsson Inc, ZTE Corp and Huawei Technologies.
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