Tuesday, March 21, 2023

Nokia’s Global Rightsizing To Affect 1,000–1,500 India Employees

The recently announced Nokia’s global rightsizing initiatives could impact between 1,000 and 1,500 employees in India over the next couple of years. Nokia has announced plans to cut over 10,000 jobs worldwide from a present strength of 90,000.

As per an ET report, functions such as global delivery centers and customer experience segments, including sales functions, could account for the majority of the jobs shed in India.

“The employees are concerned and various town halls are expected to take place later this month for various businesses…We are hoping to get clarity on our business and roles during these town halls,” said a Nokia executive.

Nokia employs some 15,000 people in India. It has two centers – in Chennai and Noida – for global service delivery, a manufacturing unit in Chennai, and its research and development center in Bengaluru. As per the report, the vendor’s India R&D center is unlikely to see a major impact as global R&D will continue to attract investments.