Nokia Siemens Networks Announces Accord to Stay in Munich

Nokia Siemens Networks announced that a significant majority of employees affected by the company’s restructuring plan agreed to join an interim employment company. The acceptance of this offer by a major proportion of affected employees was a pre-requisite for the company to stay in Munich, as outlined in an agreement struck with IG Metall last month. As a result, Nokia Siemens Networks will continue to employ about 2,000 people in Munich.
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