Nokia started to mass layoffs in France
Finnish technology company Nokia plans to cut 1233 jobs in its French subsidiary, Alcatel-Lucent International, equivalent to one third of the entire workforce of the company. Nokia said that the staff reductions became inevitable because of the "very serious" pressure on costs.
This announcement is likely to have political consequences in France, as Nokia bought the parent company Alcatel-Lucent International five years ago under the condition that it would retain jobs and expand their research group in the country.
Nokia Representative said that this month Nokia free from such obligations.
in France in Nokia works 5138, of which 3640 working in Alcatel-Lucent International.
the Company was part of the group Alcatel-Lucent to its acquisition of Nokia in 2015 as part of the deal with shares worth 15.6 billion euros.
At the time of the transaction, Nokia made a commitment to preserve jobs in France within two years and expand the group's research and development in the country to make it a key resource for the group technology mobile Internet next-generation or 5G.