Nokia Siemens Networks announced today that it will begin it’s planned layoff of 1,500 employees. The decision comes following its acquisition of Motorola’s networking business for $ 1.2 billion. The employees to be axed will come primarily from the WiMax and GSM departments of the former Motorola unit.
The action became necessary after the Motorola network acquisition got stalled when Huawei filed a lawsuit seeking to halt the transaction for fear that NSN would obtain its trade
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