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Layoffs in Finland

4 sourced layoff rounds at 3 companies in Finland between Oct 2023 and Aug 2026: 17,500 people in the rounds where a number was given. Each one links to the article or filing it came from. The list covers what we have been able to source, not every cut in the country.

People affected

18K

Where a number was given

Companies

3

With a sourced round

Rounds

4

Oct 2023 → Aug 2026

Every round, newest first

  1. Nokia−1,600

    Nokia is closing a research and development facility in Hangzhou, China, with about 1,600 job cuts.

    About the figure: The cuts are in China.

    Telecom · Source: Light Reading

  2. Nordea−1,500

    Nordea announced a job cut programme affecting roughly 1,500 employees across the Nordics and Poland by the end of 2027.

    Banking & Finance · Source: Eurofound European Restructuring Monitor

  3. Neste−400

    The Finnish refiner announced 400 job cuts worldwide, most of them in Finland.

    Energy & Utilities · Source: Eurofound European Restructuring Monitor

  4. Nokia−14,000(16% of workforce)

    Up to 14,000 roles by 2026 after a 5G equipment demand slump.

    Telecom · Source: CNBC

Search every company in the directory, or read how we choose and check events in the methodology.