Nokia to shut German plant, cut 2,300 staff

15 Jan 2008

Nokia, the world’s top cellphone maker, said on Tuesday it plans to close its plant in Bochum, Germany, by mid-2008 and may cut up to 2,300 staff as it moves production to lower-cost regions. Nokia said the Bochum site, which makes mobile devices, is not competitive enough, even with additional investment. Full Story

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Nokia to shut German plant, cut 2,300 staff

OODA Analyst

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Nokia to shut German plant, cut 2,300 staff

OODA Analyst

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