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Published in TZ Latest News 16 April, 2015 by The TZ Newswire Staff

Nokia CEO says French jobs pledge is business as usual

Finland’s Nokia (NOK1V.HE) on Friday defended its commitment to protect jobs in France following its planned takeover of Alcatel-Lucent (ALUA.PA), and suggested future job cuts could focus on countries other than the two home bases. Nokia has pledged not to cut French jobs for two years after the closure of the deal, beyond what Alcatel had already planned. “When you do deals with France involved, you want to make sure that the government endorses your deal, understands the strategic rationale,” chief executive Rajeev Suri told a news conference.