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Wireless

Nokia Siemens to cut up to 1,500 jobs at Motorola Networks

Friday 5 August 2011 | 10:22 CET | News
Nokia Siemens Networks plans to cut as many as 1,500 jobs at the network assets acquired from Motorola Solutions. The reductions amount to about 22 percent of the 6,900 workers added when Nokia Siemens bought the Motorola units in April. The job cuts were already public "in some places but not others," Ben Hunt, a Nokia Siemens spokesman, told Bloomberg. The schedule will vary by location, he said. Nokia Siemens paid USD 975 million for the assets, which expands its business in CDMA and the North American market. The company will also transfer as many as 1,200 former Motorola employees

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Categories: Mobile & Wireless
Companies: Motorola Solutions / Nokia Siemens Networks
Countries: World
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