HELSINKI—Nokia Corp. said Wednesday it plans to cut about 4,000 jobs at smartphone manufacturing plants by the end of the year.
The cuts will take place at plants in Hungary, Mexico and Finland. Nokia—the world's largest handset maker by unit shipments—said it would move device assembly closer to component suppliers in Asia in an attempt to get its products to the market more quickly.
"By working more closely with our suppliers, we believe that we will ...
HELSINKI—Nokia Corp. said Wednesday it plans to cut about 4,000 jobs at smartphone manufacturing plants by the end of the year.
The cuts will take place at plants in Hungary, Mexico and Finland. Nokia—the world's largest handset maker by unit shipments—said it would move device assembly closer to component suppliers in Asia in an attempt to get its products to the market more quickly.
"By working more closely with our suppliers, we believe that we will ...
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