News |

Renesas axes 800 jobs in Finland

Japanese company Renesas Mobile is laying off all its 808 employees in Finland. With 566 jobs cut, Oulu is worst affected. The company had employed many former Nokia workers.

Renesasin työntekijät kävelevät henkilöstöinfoon.
Renesas employees heading for a briefing on the outcome of consultative talks in Oulu. Image: Kirsi Karppinen / Yle

A few days after consultative talks at Renesas Mobile’s development unit ended, the worst fears of the company’s Finnish employees were realised. Heikki Tenhunen, CEO of Renesas Mobile Corporation Europe, announced that the company is laying off all 808 workers in Oulu, Salo, Helsinki and Tampere. The first dismissal notices will be handed out next week.

Most of the unit’s workers are in Oulu, where 566 are now set to lose their jobs. Some 94 jobs will be cut in Salo, 82 in Helsinki, and 66 in Tampere. Employees at all locales were invited to a briefing about the situation on Thursday morning.

The Japanese parent company of Renesas Mobile Corporation has been looking for a buyer for the mobile unit, which develops microchips for wireless communications. The unit started consultative talks in March.

Another blow to Oulu’s IT-sector

The lay-offs are another serious blow to Oulu, northern Finland's largest city, which has lost nearly 3,000 jobs in the IT sector in the past few years.

Renesas Mobile Corporation Oulu shop steward Lauri Louhivirta said employees were extremely disappointed at the outcome of the consultative talks. Louhivirta also expressed concern over the future of the IT business in Oulu.

“The ‘Oulu miracle’ is being chipped away. Nokia Siemens Networks is nearly the only big company left in the sector in Oulu,” Louhivirta commented after the briefing.

Latest in: News

Headlines

News

Government forced to pass baton on flagship reform programme

Government has put to rest hopes of implementing an ambitious social and health care reform programme before upcoming parliamentary elections. The scheme – over which the administration, ministries and municipalities have wrestled for years – finally faltered over its inability to reconcile key issues with the constitution. With Parliament heading into recess next week ahead of April’s general election, it now falls to the incoming administration to take the proposal forward.

Our picks

Latest

Muualla Yle.fi:ssä