These figures were mirrored by falling sales figures worldwide in the same period, and the April 2012 quarterly report said that at European level in the final three months of 2011, there was an even more significant drop of 27% in sales.
They have asked the Minister of Economic Development, Corrado Passera, to set up a telecommunications negotiating table to tackle the employment crisis in the sector. For Nokia, this means risking nokia vacancies the quality and timing of the launch of new models. By the end of 2012, the company intends to make 17,000 employees redundant, roughly a quarter of its total workforce. It is also being squeezed in the low-end by Asian manufacturers making cheaper phones, such as China's ZTE. Background Nokia Siemens Networks is one of the leading global providers of telecommunications infrastructure hardware, software and services.
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