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Nokia shutting down its Hungry Factory

Nokia has announced that it is now closing its factory in Komarom and thus eliminating around 1800 jobs. As a part of company’s global restructuring it will be dismissing more than 18000 jobs.

The layoffs initiated in Komarom back in September and the entire factory will shut down by November’s end. Nokia started its production at the Komarom plant in 2000 and at its heyday around 10000 people worked at the factory.

nokia hungry

Its biggest cutback was in 2012 when demand for Nokia phone tumbled.