Nokia Siemens May Trim 1,500 Jobs From Motorola Purchase
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Nokia Siemens Networks, the telecommunications equipment joint venture of Nokia Oyj and Siemens AG, plans to cut as many as 1,500 positions from assets acquired from Motorola Solutions Inc., a spokesman said.
The reductions amount to about 22 percent of the 6,900 workers added when Nokia Siemens bought the Motorola units in April to add business with customers including Verizon Wireless, Sprint Nextel Corp., KDDI and China Mobile.