Nokia in Talks With Bidders for NSN

By Trefis: With Nokia Siemens Networks (NSN) doing well, one of its parent companies, Siemens (SI), may be looking to reduce its stake in the joint venture or exit it completely.

FRANKFURT (Reuters) - Siemens finance chief Joe Kaeser has blasted the way joint venture Nokia Siemens Networks (NSN) was handling planned job cuts in Germany and called on it to hold talks with labor.

HELSINKI (Reuters) - Nokia Siemens Networks said on Wednesday it will begin lay-off talks in Finland next

Siemens finance chief Joe Kaeser has blasted the way joint venture Nokia Siemens Networks was handling planned job cuts in Germany and called on it to hold talks with labor. "Siemens will not accept ...

By Zacks.com: Nokia Siemens Networks (NSN), a 50-50 joint venture between Nokia Corp. (NOK) and Siemens AG (SI), recently suffered a massive blow.

Finnish-German telecom equipment maker Nokia Siemens Networks (NSN) said Tuesday a previously announced restructuring plan would entail 2,900 job cuts in Germany and 1,200 in Finland.The company said it had begun talks with local representatives aimed at reducing the number of employees in eight European countries, as part of its November 23 announcement that it was slashing 17,000 jobs.