Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Nokia has announced a reorganisation to cut 1,233 jobs at its Alcatel-Lucent subsidiary in France, about a third of the entity's workforce. The job cuts concern research and development (R&D) and central functions at the Paris-Saclay and Lannion (Côtes-d'Armor) sites, but not the three French subsidiaries Radio Frequency Systems (RFS), Nokia Bell Labs France (NBLF) and Alcatel Submarine Networks (ASN).
Nokia France employs 5,138 people, including 3,640 in its subsidiary Alcatel-Lucent, which was acquired in 2015. At the time, Nokia made a commitment to preserve jobs in France for two years and to develop research and development teams in order to make the country a reference within the group for the new generation of mobile telecommunications, 5G. From June 2020 onwards, the group is completely free from these commitments.
Update 23/10/2020: Nokia announced plans to finally reduce the impact of its social plan in France. The opening of a cybersecurity centre in Lannion (Côtes-d'Armor) could thus create 112 new jobs. At the same time, Nokia plans to significantly reduce the total number of job cuts in the social plan presented on 22 June, with nearly 250 positions that could be preserved, according to a press release from the group. The total job losses could be reduced to 871.
Two former reorganisations were announced in the past: 408 job cuts in 2019 and 597 job cuts in 2017.
Eurofound (2020), Nokia, Internal restructuring in France, factsheet number 102573, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102573.