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Nokia Confirms Munich Site to Close by 2030, Plans 300 Germany Job Cuts Next Year

Nokia frames the move as part of a cost‑saving strategy concentrating German investment on select R&D hubs.

Overview

  • The company confirmed a phased wind‑down of its Munich office through 2030 and said about 300 positions in Germany will be eliminated next year.
  • IG Metall reports that more than 700 employees in Munich are affected, while other reports cite 500‑plus roles, reflecting an unresolved headcount gap.
  • Nokia says Nürnberg, Ulm, Stuttgart, Bonn and Düsseldorf will remain key locations as it consolidates work into what it calls sustainable centers.
  • Union and works council leaders condemn the retreat from Munich as a strategic error that risks weakening German and European digital sovereignty.
  • The measures update Nokia’s 2023 global restructuring, which targets up to 14,000 job cuts and €800 million to €1.2 billion in savings, with support pledged for affected staff.