The layoffs continue and Nokia is biting. Despite being the world’s largest mobile phone maker, Nokia has to cut down its workforces as well. With an expected layoff of as many as 1,000, a voluntary departure package has been laid out. However, these layoffs will not impact the firm’s Indian operations, for it being one of the growing markets in the world.

Nokia has said the new plan would lessen the need for “involuntary redundancies” and also help in cutting costs.

“The voluntary resignation package will be open for application from March 1 until 1,000 employees have applied, closing at the latest on May 31, 2009,” the Finnish company said in a recent statement.

When contacted, a spokesperson of Nokia India said, “India is one of the growing markets and the above mentioned package does not imply on them.”

In fact, the company is still recruiting in India.

The voluntary measures are aimed at reducing personnel- related costs and lessening the need for involuntary redundancies, it added.

(Source) The Asian Age

Tags: Business, departure package, india, Layoffs, mobile phone maker, Nokia, Nokia, redundancies, Voluntary Resignation

Nokia will not get out of this financial crisis unharmed. That’s why the company has decided to introduce a Voluntary Resignation Package, one that will invite employees to leave the company in an amicably and voluntary manner. Nokia’s Head of Human Resources said:

The response from employees and employee representatives in proposing ideas to help reduce personnel-related costs has been encouraging. We have considered these and are now announcing voluntary initiatives that could contribute to our efforts to adjust our cost base to the current market environment. If successful, the voluntary initiatives will lessen the need for involuntary redundancies.

The package will go live on March 1 and it will be active until 1,000 will take the offer. In case you’re working for Nokia and you’re not sure what to do, the company also has an alternative for you. You could always take an unpaid leave of up to one month to think things through. Will Nokia start firing people if it won’t reach its 1,000 Voluntary Resignation target?

via Nokia

Tags: Mobile News, Nokia, Nokia, Voluntary Resignation