NOKIA SIEMENS NETWORKS CUTS 300 JOBS IN CHINA
AsiaInfo Services, June, 2007
AsiaInfo Services 06-20-2007 Nokia Siemens Networks Cuts 300 Jobs in China BEIJING, Jun 20, 2007 (SinoCast via COMTEX) -- Nokia Siemens Networks, a 50-50 joint venture between Finnish mobile phone manufacturer Nokia and German equipment supplier Siemens, announced on June 18 that its worldwide massive job-cut will begin.
Presently, it has chopped nearly 300 jobs in China. In order to save costs and lift efficiency, the move will be continued over the next few months, revealed a senior executive of the company for the Greater China Region. Actually, the venture has faced great pressure from both its peers and clients since its establishment in April 2007. The company has no other choice but to take such measures to enhance it competitiveness, added the...
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