Finland -Trade unions worry about employment after Nokia merger -April 22, 2015

The Nokia acquisition of Alcatel-Lucent has made Finnish trade unions worried for jobs.

The Nokia acquisition of the business operations of the French telecoms equipment company Alcatel-Lucent has made Finnish trade unions worried for jobs. The merger of two major companies will probably mean job cuts. Nokia has set itself the goal of saving 900 million euro by 2019 through ‘operating cost synergies’. Nokia has promised not to cut French jobs for two years after the deal is signed. It has pledged its intention to establish a 100 million euro fund to invest in start-ups in France and intends to maintain employment in the ‘key sites’ of Villarceaux and Lannion.

English: http://heikkijokinen.info/en/trade-union-news-from-finland/762-the-nokia-and-alcatel …  

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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