Finnish giant Nokia will be slashing 1,700 more jobs globally to lessen its cost in the current tough crisis.
The company plans to cut over €700 million (US$900 million) in costs by the coming fiscal.
The job cuts are believed to affect people working at the company’s device and markets units in addition to its corporate development and global support sections.
Eija-Riita Huovinen, communications manager at Nokia, said that the largest number of job cuts will be made in Finland.