Nokia CEO: Not ready to talk about job losses

Michel Combes and Rajeev Suri gathered to explain their deal
Rajeev Suri, president and CEO at Nokia.
Rajeev Suri, president and CEO at Nokia.


Rajeev Suri, president and CEO at Nokia and Michel Combes, CEO at Alcatel Lucent hosted a press conference to talk about the recently announced transaction between both companies.

When asked about future job losses after the merge, Suri said that the company is not in a position to talk about it yet. He added that there will be a "certain degree of overlap" that will be translated in job cuts. Nokia CEO added that there will be areas to procure synergies.

Nokia- Alcatel Lucent deal: General information
Nokia- Alcatel Lucent deal: Transaction overview
Nokia to buy Alcatel Lucent

Combes noted that innovation will be a main focus for the new company and this field might create new jobs.

Regarding Finland, Suri said that it will remain an important part of the business.

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