Nokia Oyj (NOK1V) agreed with unions to cut 1,000 jobs at its oldest factory in Finland, which will be converted for software customization of handsets manufactured in Asia.

Most of the cuts at Salo, which were in line with the plan announced Feb. 8, will take place by the end of June, Nokia said in a statement. The company also plans to cut 2,300 factory- worker jobs in Komarom, Hungary and 700 in Reynosa, Mexico as it performs similar conversions to those plants.

The firings add to more than 10,000 job reductions Chief Executive Officer Stephen Elop has announced since Nokia linked up with Microsoft Corp. (MSFT) a year ago to fight a loss of smartphone market share to Apple Inc. (AAPL) Nokia is shrinking the number of main handset assembly plants to five from nine at the beginning of 2011, and building a new factory in Vietnam for low-end phones. It made the first Lumia handsets at a Compal Communications Inc. factory in Taiwan.

Via: http://www.bloomberg.com/news/2012-03-22/nokia-agrees-with-unions-on-1-000-job-cuts-at-finnish-plant-1-.html