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.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
230 jobs Number of planned job losses
Announcement Date
20 November 2009
Employment effect (start)
Foreseen end date
Description
The mobile telephone manufacturer Nokia plans to cut up to 230 jobs in research and development in Oulu, while at the same time cutting back on its selection of models.
Nokia Siemens Networks, which is half-owned by Nokia, has a plant in Oulu, which employs nearly 900 people. The plant mainly manufactures base stations for mobile telephones. The employees at the plant do not expect that the mother company's cutbacks in Oulu will affect them.
It is expected that some of the employees whose jobs are to be cut will find new work in Nokia.
Nokia is also offering economic support for those who resign voluntarily. In previous rounds of personnel cuts, the packages have been worth 5 - 15 months' pay, depending on how long the employee has worked for Nokia.
Nokia-Siemens Networks plant in Oulu employs some 2,000 workers.
Sources
20 November 2009: www.tekniikkatalous.fi
Citation
Eurofound (2009), Nokia, Internal restructuring in Finland, factsheet number 70047, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70047.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
