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FMCG New business South Africa

Nokia nudges up layoff figures by 170

Nokia said Tuesday, 19 May 2009, it will lay off 170 workers worldwide to further cut costs as the global downturn continues to weaken demand in the mobile phone industry.

The job cuts, in production and logistics for mobile devices, will not affect production employees at Nokia's mobile device manufacturing facilities, the world's biggest handset maker said.

Nokia said it will also offer buyouts to 320 employees at its manufacturing plant in Salo, Finland, after a similar program for 1,000 global Nokia employees proved popular.

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