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Nokia Networks to further develop global operational efficiency in network delivery and maintenance services
August 07, 2002

Re-aligns resources with the current market outlook

Nokia Networks, the infrastructure division of Nokia Corporation, will put into place a plan to further improve operational efficiency in order to ensure long-term competitiveness. The target is to align the organisation to the current business environment and to meet the challenges of the future. The planned changes concern mostly functions related to network delivery and maintenance services.

Nokia will start employment discussions with the relevant labour representatives in those areas expected to be impacted by the re-alignment. The impacts vary country by country, from a few employees in most countries to around one hundred in some larger countries, depending on the business requirements. The changes are estimated to decrease the number of personnel by altogether approximately 900 people globally. The changes are planned to take place gradually and be largely completed by the end of this year.

The key target of this restructuring is to bolster operational excellence and competitiveness by re-aligning the resources in delivery and maintenance services related functions with the current market requirements. At the same time, Nokia will retain and further develop its strong organisation to support current and future customer needs.

Nokia Networks employs approximately 19 000 people globally.

Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and secure solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed broadband and IP networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives of people. Nokia is a broadly held company with listings on six major exchanges.


Further information:

Riitta Mård
Nokia Networks, Communications
Tel +358 7180 38195
e-mail: nokia.networks@nokia.com

www.nokia.com


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