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.
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.