Nokia cutting 1,300 jobs in Finland, refuses to clarify global cuts

Mobile telecoms equipment group Nokia will axe 1,300 jobs at its Finnish base and refused to rule out further cuts globally.

Nokia said in a statement that it has begun working on cutting roughly 1,300 jobs in its native country as it progresses its recent merger with French peer Alcatel-Lucent.

Nokia has already began its global program to trim its workforce as it looks to extract €900m (£725m) of operating cost synergies from the Alcatel deal over the next three years, after the merger completed in January.

Reuters reported that a Nokia spokesman declined to indicate how many positions Nokia was planning to cut of its 100,000-plus workforce globally.

Nokia and Alcatel-Lucent announced the €15.6bn all-share takeover a year ago, in a deal that meant Nokia shareholders owned about 66.5% of the combined business.