Finland: Nokia creates a stir with a voluntary leave policy for its oldest employees

The Finnish group Nokia announced that its employees with over fifteen years of seniority may leave the company with one year's wages. This offer concerns 5.000 people around Helsinki and will then be extended to all the employees in the world with the same seniority requirement, even though most of the oldest employees are in Finland. The leave offer counts for the year 2009. (Ref. 090004)
Enjoy this article for free while you’re in your trial period
You have access to our content for 1 month.

The decision to
give 12 months of salary to the eldest employees to encourage them to leave (in practice six months of salary plus an exemption
of notice amounting to six more months) has created a stir in Finland. Nokia
presents it as a human resources management tool for those willing to evolve
with their career or change sectors. Employees and their representatives are
afraid this is a way of getting rid of protester employees, or that Nokia has a
figured goal of staff reductions in Finland

Do you have information to share with us?
What you absolutely must read this week
The essential content of the week selected by the editorial team.
See all
EU: right and far right join forces in parliament to dismantle sustainability due diligence
On 13 November, the European Parliament approved the report by EPP MEP Jörgen Warborn on the proposed omnibus directive, clearing the way for trilogue negotiations. Backed by the far right, the...
13 November 2025
France: TotalEnergies steps up commitment on disability
On 9 October, French energy group TotalEnergies and all representative trade unions signed a new four-year agreement on disability inclusion. Taking effect on 1 January 2026, the deal aims to help...
Italy: new collective agreement for managers in tertiary sector
On 5 November, the ManagerItalia union and the employers’ association Confcommercio renewed the collective agreement for managers in Italy’s tertiary, distribution and services...
EU: Court of Justice largely upholds directive on adequate minimum wages
On 11 November, the Court of Justice of the European Union upheld most of the directive on adequate minimum wages, rejecting Denmark’s claim that it infringed on national sovereignty over wage...
12 November 2025
Most viewed articles of the month on mind HR
What readers clicked on the most last month.
What readers clicked on the most last month.
1
Italy: decree-law adopted to increase workplace safety
On 28 October, the Italian cabinet adopted a decree-law on health and safety at work, aimed at preventing and reducing accidents. The text addresses both the powers and actions of supervisory...
4 November 2025
2
Spain: already well on the way to pay transparency?
Spain is preparing for the implementation of its national law transposing the EU Pay Transparency Directive, which will take effect on 7 June 2026. The legislation marks another step forward in...
5 November 2025
3
Romania: parents of children with disabilities granted up to eight days of remote work per month
On 9 October, the Romanian parliament adopted a bill aiming to bolster support for parents of children with disabilities up to the age of 18. The legislation, which came into force on 12 October...
4
EU: Court of Justice largely upholds directive on adequate minimum wages
On 11 November, the Court of Justice of the European Union upheld most of the directive on adequate minimum wages, rejecting Denmark’s claim that it infringed on national sovereignty over wage...
12 November 2025
5
mind RH analysis – Initial findings from CSRD social indicators
In 2025, for the first time, the universal registration documents of major European companies contain the sustainability reporting required by the EU Corporate Sustainability Reporting Directive...
6
Netherlands: ING cites AI as it plans to cut around 950 jobs
Dutch bank ING has informed the employment agency UWV that it may cut around 950 jobs by 31 December 2026. In its notification on 20 October, the lender said the planned reductions stem partly...
30 October 2025