The German parliament is not happy with Nokia's decision to close its Bochum, Germany plant. The phone manufacturer said earlier this week that it would close the plant by mid-2008 due to the high manufacturing costs. It plans to move its manufacturing operation to a more competitive location, probably in Romania.
Germany is upset because the plant closing will result in 2,300 lost jobs. Hermann Otto Solms, a member of the parliament called the move a "disgrace" and said that it showed that granting state subsidies to companies was wrong.
For more on this controversy:
- see this article
German job losses as Nokia plant closes. Article