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Nokia Siemens Networks targets improved financial performance, return to growth

via Nokia Press Releases on 11/3/09

Company sets goal to reduce annualized operating expenses and production overheads by EUR 500 million by end 2011 compared to end 2009 Nokia CorporationStock Exchange Release November 3, 2009 at 13:00 (CET +1) Espoo, Finland – Nokia Siemens Networks today announced its plan to improve financial performance and return to growth. The plan includes reorganizing the company’s business units to better align with customer needs; extensive operating expense and production overhead reduction, includ…

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