Tuesday, January 14, 2025

Nokia to allow employees to work remotely for three days a week

Nokia (NOKIA.HE) said its employees can choose to work up to three days a week remotely with increased support for flexible working hours from January after its current work from home policy comes to an end in December.

The Finnish telecom equipment maker conducted a survey of its employees at the end of last year and a majority said they wanted to work two to three days per week remotely, up from an average of two days before the coronavirus pandemic.

“The pandemic forced organisations to change. Technology gave people the tools to innovate. In many cases, the results have been too good to go back to the old way of doing things,” Chief Executive Pekka Lundmark said.

The company, which had about 92,000 employees in 130 countries at the end of 2020, said in March it plans to cut up to 10,000 jobs within two years to trim costs and invest more in research capabilities. 

Nokia plans to redesign offices to allocate up to 70% of the space in some sites to teamwork and meetings, with less area reserved for workspaces.

Offices in Dallas, Singapore and Budapest have already been reconfigured, with further sites expected to be completed by the end of the year as Nokia follows companies worldwide in opting for more hybrid working in the wake of the pandemic. 

Carmaker Renault and Stellantis, the maker of Peugeot and Citroen cars, has made agreements with workers to allow employees to work from home for up to three days a week.

Nokia Corporation is a Finnish multinational telecommunications, information technology, and consumer electronics company, founded in 1865. Nokia’s main headquarters are in Espoo, Finland, in the greater Helsinki metropolitan area, but the company’s actual roots are in the Tampere region of Pirkanmaa. It creates the technology to connect the world. 

Editorial

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

EPS-95 Higher Pension Update: Less Than 1% Cases Settled So Far

Supreme Court Ruling and EPFO’s Higher Pension Rollout The Employees’...

Strong Job Growth and Salary Increases Expected in IT Sector

India's IT sector is on track for significant growth,...

Top 4 Talent Challenges Shaping IT and Tech Industry in 2025

In a recent panel discussion moderated by Romesh Srivastava,...

Must Read

Meta & ONDC will digitally upskill five lakh MSMEs

An American multinational technology conglomerate, Meta has announced a partnership...

Is the Economic Conundrum Shaping your Reward Agenda?

We live in a yo-yo world. Great resignation was...

Revolut starts India operations, will hire 300 People in HR, finance, etc

Revolut starts India operations, will hire 300 People in...

Google to sack employees from its news division

An American multinational technology company, Google to sack employees from...

How HR Technology is Making Recruitment More Effective

There has been a dramatic shift in the way...

Flipkart Ventures seeks applications for third LeapAhead cohort

Flipkart’s investing arm, Flipkart Ventures, has announced the opening...

Biden Govt Relaxes H-1B Visa Rules: Impact on IT Industry?

The outgoing Biden administration has introduced changes to H-1B...

ITC Infotech appoints former Flipkart Malliga Rajkumar as CHRO

A global technology solution and services leader, ITC Infotech...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/