Microsoft Job Cuts Prompt Finnish Demands as Recession Hurts
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Finland said Microsoft Corp. has an obligation to ensure that workers in the Nordic country affected by its mass job cuts are offered adequate support to prevent further shocks to its labor market.
The U.S. software-maker plans to reduce as many as 1,100 jobs in Finland as part of 18,000 global job terminations. About 12,500 of the cuts relate to integrating the unit it bought from Nokia Oyj in April. Labor Minister Lauri Ihalainen said the “least” Microsoft can now do is to ensure the Finns it puts out of work are provided some sort of assistance.