Nokia cuts 2,000 jobs in China
Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost curbing, sources say
A Nokia spokesperson confirmed the company had opened consultations relating to laying off 350 employees in Europe.
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 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.
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 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.
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 to cut ~2k jobs in China, plans for EU workforce reduction - Reuters
Nokia (NYSE:NOK) has reportedly slashed nearly 2,000 jobs in China, or about one-fifth of its employee base in that region, and has planned to trim 350 jobs in Europe as part of its cost-cutting plans,
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