23 February 2014

Nokia Layoffs Upside

During the years of Nokia's decline, culminating in the sale of its mobile phone division to Microsoft in September, thousands of workers were made redundant. But the ex-Nokians have now created hundreds of new companies - thanks partly to a very Finnish level of support from the employer to its departing staff. (source infra)

BBC News - The upside to being let go by Nokia: " . . . Ari says the Bridge programme gave BetterDoctor "a few tens of thousands of dollars" but believes the gesture was about far more than money. "Nokia has been - and is still today - a Finnish company and if you think about the Finnish psyche, it's a very fair culture," says Ari. "When we do something we always want to see it through. You don't see Finns bailing out, that's not part of the culture so I think you would expect that from Nokia. "For workers in America, if you worked at a company like General Electric it's more like you get the package - a month's salary - and go. They lock the doors on the day you are fired. "At Nokia there were people who knew they were going to be laid off in six months and they were able to stay at Nokia with a Nokia email address with the Nokia laptop and spend time applying for new things and Nokia helped them. That's pretty fair."

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