Microsoft to shut down Salo plant bought from Nokia

accelerating Microsoft growth

Software giant Microsoft plans to close its plant in Salo in Finland, media reported.

The plant was taken over from Nokia as a part of Microsoft’s acquisition of Nokia’s mobile phone sector, reported Xinhua news agency.

Microsoft confirmed that as a result of the retrenchment negotiations completed in Finland on Friday, about 2,300 of 3,200 jobs will be slashed and the operation of the Salo plant will be transferred to other Finnish cities.

The company said it will concentrate on its phone business in Espoo and Tampere after the closure of the Salo plant.

Microsoft announced in July that it was about to cut a total of 7,800 jobs around the world, most of which were from the phone business bought from Nokia more than one year ago.

Microsoft launched its largest-ever layoffs of 18,000 employees in July 2014. The company currently has nearly 118,600 workers worldwide (March 2015).

IANS

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted

Latest

More like this
Related

Omdia: Samsung Builds Premium AI Ecosystem to Defend Foldable Leadership Ahead of Apple Entry

According to Omdia, Samsung Electronics is using its expanded...

Samsung Raises Foldable Phone Prices by $100 as Memory Chip Costs Surge

Samsung Electronics has increased the prices of its latest...

Qualcomm Snapdragon Powers Samsung Galaxy Z Fold8, Z Flip8, Watch9, Ultra2 and XR Smart Glasses with Advanced AI

Qualcomm Technologies has expanded its partnership with Samsung Electronics...