First Sprint.
Now, Nokia.
According to WSJ's Aude Lagorce, Nokia Corp. will be slashing as many as 2,300 manufacturing jobs in Germany as it moves production to lower-cost European countries such as Romania.
The world's largest maker of mobile phones said the decision to close its production plant in Bochum, Germany, by mid-2008 was based on its lack of competitiveness. It stressed the move was "tough" but "necessary" to secure Nokia's long-term position.
Bad for Germany, good for Romania? Will Dan soon be working at Nokia?
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