Helsinki - The 50-50 joint venture Nokia Siemens Networks said Tuesday it planned to cut some 1,250 jobs in Finland and Germany as part of cost-cutting measures.
The group - launched last year between Nokia and Germany's Siemens - estimated the move would impact 750 employees in Finland and about 500 employees in Munich, Germany.
The cuts in Germany were to take effect at the latest on October 2009.
After earlier cuts, transfers and voluntary severance resignations, Nokia Siemens Networks said it expected to employ 7,000 people in Finland down from some 9,200.