<p>Nokia Siemens Networks, a joint venture between Finnish cellphone maker Nokia and German conglomerate Siemens, has been grappling with tough business conditions.<br /><br />Unveiling its strategy to focus on mobile broadband and services, Nokia Siemens Networks today said it plans to cut 17,000 jobs worldwide by 2013-end. "These planned reductions are expected to be driven by aligning the company's workforce with its new strategy as well as through a range of productivity and efficiency measures," the firm said in a statement.<br /><br />The company is estimated to have a global workforce of about 74,000 people. Nokia Siemens Networks, which has a strong presence in India, employs around 15,000 people in the country. However, it was not immediately clear about the effect of job cuts in India.<br /><br />When contacted, an India spokesperson for the company declined to comment. "Nokia Siemens Networks targets to reduce its non-IFRS annualised operating expenses and production overheads by 1 billion euro by the end of 2013, compared to the end of 2011," the statement said.<br /><br />The planned restructuring could include site consolidation, transfer of activities to global delivery centres and cost synergies from the integration of Motorola's wireless <br />assets, among others.<br /><br />"We believe that the future of our industry is in mobile broadband and services - and we aim to be an undisputed leader in these areas," Nokia Siemens Networks CEO Rajeev Suri said.<br /><br />He noted that the planned reductions are regrettable but necessary "and it is our goal to make them in a fair and responsible way, providing the support we can to employees and communities".</p>
<p>Nokia Siemens Networks, a joint venture between Finnish cellphone maker Nokia and German conglomerate Siemens, has been grappling with tough business conditions.<br /><br />Unveiling its strategy to focus on mobile broadband and services, Nokia Siemens Networks today said it plans to cut 17,000 jobs worldwide by 2013-end. "These planned reductions are expected to be driven by aligning the company's workforce with its new strategy as well as through a range of productivity and efficiency measures," the firm said in a statement.<br /><br />The company is estimated to have a global workforce of about 74,000 people. Nokia Siemens Networks, which has a strong presence in India, employs around 15,000 people in the country. However, it was not immediately clear about the effect of job cuts in India.<br /><br />When contacted, an India spokesperson for the company declined to comment. "Nokia Siemens Networks targets to reduce its non-IFRS annualised operating expenses and production overheads by 1 billion euro by the end of 2013, compared to the end of 2011," the statement said.<br /><br />The planned restructuring could include site consolidation, transfer of activities to global delivery centres and cost synergies from the integration of Motorola's wireless <br />assets, among others.<br /><br />"We believe that the future of our industry is in mobile broadband and services - and we aim to be an undisputed leader in these areas," Nokia Siemens Networks CEO Rajeev Suri said.<br /><br />He noted that the planned reductions are regrettable but necessary "and it is our goal to make them in a fair and responsible way, providing the support we can to employees and communities".</p>