Nokia's French job cuts on hold, says minister
Nokia's plan to cut nearly 600 jobs in France has been suspended until next month, a French minister says after looking at how this might affect a pledge on R&D.
The company said two weeks ago that it would cut about one tenth of its French workforce, with the focus on administrative/support services rather than R&D. Now "the jobs cut plan is suspended ... at least until this meeting that I will chair on October 2 at the finance ministry,” says junior economy minister Benjamin Griveaux.
He wants to check in with unions to ensure Nokia is following through with a pledge to increase R&D employment in the country.