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Nokia cuts 2,000 jobs in China
Exclusive-Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts, sources say
Nokia has laid off close to 2,000 people or about a fifth of its employee base across Greater China and plans to cut another 350 jobs across Europe as part of efforts to lower costs, according to two sources familiar with the matter.
Nokia faces tough times again, announces over 2,000 job cuts
Nokia is attempting to cut costs in its business operation. The company is reducing its workforce to save costs after orders from China declined due to the ban on Huawei.
Nokia Cuts Almost 2,000 China Jobs Amid Tough Telecom Market
Nokia Oyj has cut almost 2,000 jobs in China, as part of a sweeping cost-reduction program as the Finnish company grapples with a sluggish telecom equipment market, according to a person familiar with the matter.
Nokia Layoffs: Firm To Fire 2,000 Employee In China, 350 In Europe, Says Report
Nokia is reportedly laying off nearly 2,000 employees, accounting for about 20 per cent of its workforce in Greater China. It plans to cut an additional 350 jobs across Europe as part of its cost-reduction strategy,
Nokia cuts 2,000 jobs in China for cost-saving: report
Nokia has laid off around 2,000 employees, about 20% of its workforce in China, and plans to cut another 350 jobs across Europe to reduce costs, Reuters
Nokia says it's going to cut up to 14,000 jobs
The layoffs are part of cost-cutting measures to reduce expenses by up to $1.26 billion by 2026, the company said in a filing.
1h
Nokia Reshuffles Leadership Amid Geopolitical Focus
Nokia (NOK) has released an update. Nokia has announced significant changes to its Group Leadership Team, including the appointment of ...
3d
on MSN
Nokia Announces Leadership Team Shake-Up
Nokia announced a shake-up of its leadership team that includes putting more focus on geopolitics and government relations, ...
3d
Why Nokia Stock Swooned on Thursday
The company missed on both revenue and net income, despite a robust increase in the latter.
4d
on MSN
Nokia Sales Miss Estimates as Turnaround Fails to Take Shape
Nokia Oyj sales failed to meet analysts’ estimates in the third quarter, as a recovery takes shape slower than previously ...
2d
What's Going On With Nokia Stock On Friday?
Nokia Corp (NYSE: NOK) stock rebounds after disappointing quarterly report, with net sales down 8% to $4.76B. CEO focuses on ...
3h
J.P. Morgan Remains a Hold on Nokia (0HAF)
In a report released today, Sandeep Deshpande from J.P. Morgan maintained a Hold rating on Nokia (0HAF – Research Report), with a price ...
4d
Nokia Tempers Earnings Expectations After Sales Fail to Recover
Nokia tempered earnings expectations for the year amid a delayed recovery in sales, but said an improving gross margin and ...
Deep
17h
Nokia Integrates AI-Driven Operations into Altiplano Access Controller
The new AIOps uses artificial intelligence (AI) from applications in Nokia’s Altiplano Marketplace to analyze network data ...
5d
Exclusive: Nokia in talks with Bharti Airtel for multi-billion dollar 5G contract, sources say
Finland's Nokia is in talks with Bharti Airtel about securing a multi-billion dollar contract to provide 5G telecom equipment ...
13h
Nokia and VNPT collaborate on 5G in Vietnam
Press ReleaseNokia and VNPT collaborate on 5G in Vietnam Nokia and VNPT partner to deploy 5G technology supporting the development of digital ...
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