Nokia continues to streamline its R&D operations
(Thomson Reuters ONE) - Corporate news announcement processed and transmitted by Hugin AS.The issuer is solely responsible for the content of this announcement. ------------------------------------------------------------------------------------ Espoo, Finland - Nokia plans to align its research and development(R&D) operations in Finland and Denmark to be in line with thecompany's focused portfolio of future products. The planned changesare expected to affect up to 230 employees at Nokia's Oulu site inFinland and approximately 100 employees at Nokia's Copenhagen site.The total number would represent approximately 2 % of Nokia's R&Dpersonnel globally.Nokia aims to support the employees with alternative solutions, suchas finding new positions within the company for as many employees aspossible. Nokia will begin consultations with employeerepresentatives about these plans where voluntary severance packagesamong other topics will be discussed.Nokia maintains a strong R&D presence in both sites; the company hasover 2 000 employees in Oulu and over 1 000 employees in Copenhagen.Overall, Nokia has more than 17 000 people employed in its researchand development activities.About NokiaNokia is a pioneer in mobile telecommunications and the world'sleading maker of mobile devices. Today, we are connecting people innew and different ways - fusing advanced mobile technology withpersonalized services to enable people to stay close to what mattersto them. We also provide comprehensive digital map informationthrough NAVTEQ; and equipment, solutions and services forcommunications networks through Nokia Siemens Networks.Media Enquiries:NokiaCommunicationsTel: +358 7180 34900Email: press.services(at)nokia.comwww.nokia.com --- End of Message ---NOKIAP.O. Box 226
FIN-00045 NOKIA GROUP Espoo WKN: 870737; ISIN: FI0009000681; Index: DJ STOXX Large 200, DJ STOXX 50;Listed: Nordic list (Large Cap) in THE HELSINKI STOCK EXCHANGE;
Datum: 20.11.2009 - 11:15 Uhr
Sprache: Deutsch
News-ID 8673
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