Nokia ends European, Mexican production: it's all Asia now

Nokia's wielding another axe to its operations, cleaving away a further 4,000 employees from its operations in Finland, Hungary and Mexico. It follows a shedding of roughly 10,000 employees and a troubled withdrawal from Romania as the company pushes more operations towards Asia in an attempt to compete with its competitors. Whilst no more phones will be assembled in Europe, the company isn't closing the facilities outright, they'll be retained for “high value activities” (presumably R&D and other big-ticket projects).

2DayBlog.com, Nokia ends European, Mexican production: it's all Asia now