Nokia Siemens says it will cut 239 jobs in Finland

Nokia Siemens Networks will cut 239 jobs in Finland, the Finnish-German joint venture, quoted by a Xinhua News Agency report, said.

The company had started the talks at the end of January with the goal of cutting up to 250 jobs in Finland as part of a plan to slash costs, the Xinhua report said. It had finished a round of cooperation procedure talks with staff the day before.

The Nokia and Siemens 50-50 joint venture employs more than 60, 000 globally and will have around 8,300 employees in Finland after the reduction.