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Unspecified number of redundancies to be made in overlapping roles in R&D, corporate, sales departments.
Nokia announced on Wednesday it will begin cutting jobs in order to hit its €900 million synergy target related to the Alcatel-Lucent deal.
The Finnish vendor, which completed its €15.6 billion acquisition of Alcatel-Lucent in January, said an unspecified number of redundancies will be made where there are overlapping roles, including in research and development, regional and sales organisations, as well as corporate functions.
"We are not disclosing any global headcount reduction target as we are only now starting the country-specific processes in the impacted countries according to local legislation and practices," said a Nokia spokesman in an email to Total Telecom.
In addition to job cuts, Nokia also aims to make savings in real estate, services, procurement, supply chain, and manufacturing.
"These actions are designed to ensure that Nokia remains a strong industry leader," said Nokia CEO Rajeev Suri, in a statement.
The redundancies will be made between now and the end of 2018, in line with Nokia’s €900 million operating cost synergy plan.
"When we announced the acquisition of Alcatel-Lucent we made a commitment to deliver €900 million in synergies – and that commitment has not changed," Suri said. "We also know that our actions will have real human consequences and, given this, we will proceed in a way that is consistent with our company values and provide transition and other support to the impacted employees."
