, , , , , ,

By Tarmo Virki, Reuters February 8, 2012 9:06 AM

HELSINKI – Struggling Finnish phone maker Nokia plans to cut 4,000 more jobs at its plants in Finland, Hungary and Mexico as it seeks to cut costs by moving smartphone assembly work to Asia.

The cuts of 8 per cent of the phone business workforce bring total planned job cuts at the group since Stephen Elop took over as chief executive in September 2010 to more than 30,000.

Nokia said in a statement the job cuts would take place in phases through this year. It has been reviewing the operations since unveiling the closure of its Romania plant last September.

Read more: http://www.montrealgazette.com/business/Nokia+jobs+move+assembly+Asia/6119613/story.html#ixzz1lnpV6aYk

Related: Nokia to Layoff Two-Thirds of the Workforce in Finland – NYSE:NOK