Nokia Reportedly Plans Hangzhou R&D Center Closure, Affecting 1,600 Jobs · TechNode

Nokia reportedly plans Hangzhou R&D center closure, affecting 1,600 jobs · TechNode

Nokia is reportedly planning to close an R&D center in Hangzhou, a move that could affect around 1,600 jobs. An email screenshot cited in the report showed management informing employees about the planned closure, while possible changes to Nokia offices in Beijing, Chengdu, Qingdao and Shanghai are also under discussion. A Nokia spokesperson said the company is aligning its China operations with its global operating model as its China business h…

Is Nokia cutting jobs in China?

Nokia is reportedly pulling back sharply from China, closing its Hangzhou research and development (R&D) centre and cutting around 1,600 jobs. The decision follows years of declining business in the country and comes less than a year after the company assumed full ownership of its joint venture, Nokia Shanghai Bell. Other sites in Beijing, Chengdu, Qingdao, and Shanghai are also reportedly under review for possible restructuring, signalling a br…