Nokia continues its change and renews some of i...

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Espoo, Finland - Nokia has today announced plans for changes in some
parts of its organization. The planned organizational changes include
the following:

- As a follow-up to Nokia's reorganization in the beginning of 2008,
Nokia plans further changes in its sales and marketing activities in
the Markets unit. The changes aim to strengthen the customer
interface, ensure that resources are well allocated to meet the
business needs and de-layer the organization. Nokia estimates that
approximately 450 employees, maximum 100 in Finland, in the Markets
unit will be affected by the planned changes.

- At the same time Nokia Research Center (NRC), which is specialized
in long-term research activities within Nokia, plans to sharpen its
focus on fewer but stronger research areas. The planned
reorganization is estimated to have an impact on approximately 130
NRC employees globally, of which a maximum of 100 are in Finland.

- In addition, Nokia plans to close its Turku site in Finland and
relocate those activities predominantly to Salo (Finland). Nokia
currently has 220 employees working in the Turku office and the aim
is that the employees would continue in Nokia's site at Salo or in
the capital area in Finland.

- Nokia also plans some smaller workforce adjustments in global
process operations. These adjustments are estimated to affect
approximately 35 employees, of which almost all are in Finland.

"Today's changes are part of Nokia's constant renewal where it is
important to be close to our customers and ensure that our people are
able to focus on the key business priorities. Also, our aim is to
find alternative work within Nokia for as many employees as
possible," said Juha Äkräs, Senior Vice President, Human Resources,
Nokia.

Nokia has today started local employee consultations where required
to discuss these plans. According to the plans, the changes in the
Markets unit, Nokia Research Center and in other Nokia functions will
come into effect on January 1, 2009. The closing of the Turku site is
estimated to be completed by the end of January, 2009.

About Nokia
Nokia is the world leader in mobility, driving the transformation and
growth of the converging Internet and communications industries. We
make a wide range of mobile devices with services and software that
enable people to experience music, navigation, video, television,
imaging, games, business mobility and more. Developing and growing
our offering of consumer Internet services, as well as our enterprise
solutions and software, is a key area of focus. We also provide
equipment, solutions and services for communications networks through
Nokia Siemens Networks.

Media Enquiries:

Nokia
Communications
Tel: [phone]
Email: [e-mail]

www.nokia.com


 
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