Nokia closes plant in Germany

The plant closure in Bochum will have consequences for the entire corporation, warns Björn Sundell. "Such decisions are problematic regarding morale in large international corporations. If profitable units are closed, even, as in the case of Nokia, highly-automated plants during a boom, then the employees will wonder whether it's even worth it to work hard and make sacrifices – if in the end, that still isn't enough. Corporations should deliberate such steps carefully, irrespective of the cost of wages. Insecurity doesn't exactly help boost motivation at other sites, and fear doesn't increase loyalty. After all, nobody knows who will be next."

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