Nokia announces voluntary resignation program and other initiatives
The current economic situation is very depressing to me and I am extremely thankful for the career that I have been blessed with and pray that everyone who wants to work is able to find employment. Nokia issued a press release announcing a new voluntary resignation package and other voluntary initiatives. I can’t say I quite understand why someone would voluntarily resign, unless there was some kind of good package for separation and the person has another job lined up. Nokia stated that employees can apply for this until 1,000 employees have applied with the latest closing date of 31 May 2009. Anyone have thoughts on why someone would apply for this program?
Nokia also stated they will grant short-term unpaid leave and sabbaticals of one month or more. Employees are also being encouraged to take their holiday time rather than cashing it in, which is something my company also highly recommends because of the way the books are managed. I personally would like to take a sabbatical to focus on my mobile blogs, but I am way too busy at my company to take this amount of time off so this isn’t an option right now. Hopefully, the economic situation improves so that every Nokia employee is gainfully employed.