Nokia moving some manufacturing to Asia, cut 4000 jobs

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Nokia has announced that it will be making 4000 job cuts at its Finnish, Hungarian, Mexican and Salo plants as it moves more manufacturing to Asia.

Nokia has said it wants to be closer to their suppliers to speed the time it takes to get new products to market.

The plans will however not be closed, and customization work will continue there.

“With the planned changes, our factories at Komarom, Reynosa and Salo will continue to play an important role serving our smartphone customers,” Nokia executive vice president Niklas Savander said in a statement. “They give us a unique ability to both provide customization and be more responsive to customer needs,”

Job cuts will take place over the course of the year.

Via Venturebeat.com