Skip to main content

ESPOO, Finland (


) --


(NOK) - Get Free Report

, the Finnish mobile handset maker, plans to cut a further 3,500 jobs by 2012 as it continues cost-cutting.

Nokia will close a manufacturing plant in Cluj, Romania, by the end of 2011; 2,200 jobs will be cut. An additional 1,300 positions will be cut as part of changes to the company's location and commerce division.

The layoffs come on top of the 4,000 job cuts worldwide that Nokia, the world's No. 1 handset maker, announced in April.

The moves are part of Nokia's plan to reduce costs by about ¿1 billion by 2013 as it faces competition from the likes of


(AAPL) - Get Free Report


Research In Motion



-- Written by Joseph Woelfel

>To contact the writer of this article, click here:

Joseph Woelfel

>To submit a news tip, send an email to: