In order to cut costs, the struggling Finnish phone maker Nokia is planning to cut 4,000 more jobs at its plants in Finland, Hungary and Mexico.  As per latest information, the latest layoff is a part of global layoffs the Finnish company announced last year. 

Earlier in April, Nokia announced that it would cut 7,000 jobs and unveiled a further 3,500 jobs losses in September month. Moreover, its network arm Nokia Siemens announced cuts of 17,000 jobs in November 2011.

A person familier with the matter informed our team that Nokia would cut 2,300 jobs from Hungary, some 1,000 jobs from Finland and remaining jobs from Mexico plant.

Presently, Nokia has over 132,000 employees in 120 countries. 

Sources informed, the cuts of 8 percent of the phone business workforce will bring total planned job cuts at the group under Chief Executive Stephen Elop to more than 30,000.

It is worth noticing that nowadays Nokia is struggling hard to prove its stake in the smartphone market dominated by mainly Apple’s iPhone and Samsung’s Galaxy range. 

A spokesperson from Nokia said in a statement that the job cuts would take place in phases through this year and is expected to complete by 2012 end. 

ITVoir NewsDesk