Submitted by jsenescall on November 15, 2007

• Category: Business
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Global Communications Benchmarking

Global Communications Benchmarking
Nokia and Siemens Networks recently merged (joint venture 50/50 split) in April 2007 making an attempt to generate profit centers among new business. The purpose is to cut costs among management and other divisions. During the acquisition phase NSN announced that it would need to downsize the local European sites by 10-15%, which roughly calculates to 6000-9000 jobs to obtain its objective.
The degree to which NSN is restructuring does not digest well with The European Metalworker’s Foundation (EMF), which is a representative body that helps protect and defend the interests of workers in the European metal industry. EMF suggests further...

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