January 15, 2019 / 10:50 AM / a month ago

Nokia to slash 350 jobs in Finland as part of cost cuts

HELSINKI, Jan 15 (Reuters) - Finnish telecom equipment maker Nokia said on Tuesday it was going to cut 350 jobs in Finland as part of ongoing plans to find savings worth 700 million euros ($800 million) by 2020.

"The planned changes are indispensable to secure Nokia's long-term competitiveness," head of the company's Finnish operations, Tommi Uitto, said in a statement.

$1 = 0.8752 euros Reporting by Anne Kauranen; editing by Jason Neely

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