Metalworkers union leader claims mismatch between values and behaviour at Nokia Plc

(Helsinki 04.05.2003 - Juhani Artto) Nokia Networks, the infrastructure arm of Nokia Plc, announced in April that it plans to cut 1,100 jobs in Finland. The reductions will occur in R&D, operations, sales, marketing and support functions. The goal is to reduce costs, improve profitability and strengthen the company's position in the mobile infrastructure business.

Finnish Metalworkers Union President Erkki Vuorenmaa says that the move demonstrates a mismatch between Nokia's declared values and its concrete behaviour. Vuorenmaa points out that the enterprise argument for extensive job reductions and redundancies rests purely on improving profitability, which means meeting shareholder expectations.

Read the whole article on Trade Union News from Finland.