Alcatel-Lucent

Nokia outlined plans to cut a third of its local workforce at French subsidiary Alcatel-Lucent International, amounting to 1,233 jobs, blaming cost pressures on the market.

Finnish vendor Nokia moved to allay concerns it could be hit with criminal penalties after revealing it had opened an internal investigation over possible compliance issues at Alcatel-Lucent, which it acquired in 2016.

Nokia initiated a review of strategic options for its Digital Health business, as more job cuts in Finland are also planned.

Nokia took the unusual step of hitting back at market speculation, after it was reported the company was eyeing an acquisition of Juniper Networks.

French President Emmanuel Macron said Nokia’s decision to cut some 600 jobs in France was not in-keeping with commitments the company made when it bought Alcatel-Lucent in 2016.

Nokia announced it will cut 170 jobs from its domestic Finland operations, some 30 fewer than it originally predicted, following negotiations over the lay-offs.

Nokia CEO Rajeev Suri (pictured) said the company “ended 2016 positioned well for the future” following its integration of Alcatel-Lucent, although the picture was not altogether rosy.