Nokia to axe up to 14,000 jobs to cut costs

Finnish telecoms giant Nokia is to axe between 9,000 and 14,000 jobs by the end of 2026 to cut costs. The announcement was made as the company reported a 20% drop in sales between July and September. Read More

Nokia To Slash 14,000 Jobs Amid ‘Market Uncertainty’

Finnish telecom giant Nokia said it will slash up to 14,000 jobs as the carrier attempts to ... The layoffs are expected to save nearly $1.3 billion in costs by the end of 2026. Read More

Nokia to cut up to 10,000 jobs worldwide

Finnish telecoms giant Nokia is to axe between 5,000 and 10,000 jobs worldwide in the next two years as it cuts costs. It is unclear ... Nokia is playing catch-up on 5G, and also plans to invest ... Read More

Nokia Announces Layoffs To Cut Costs, Aims to Save Up to 1.2 Billion Euros By 2026: Report

These layoffs are part of the company’s broader strategy to reduce costs. According to the ET report citing a Nokia spokesperson ... a plan to cut up to 14,000 jobs to save between 800 million ... Read More

Nokia Layoffs: Up To 10K Jobs To Be Sliced In 5G-Focused Restructuring

Telecom and consumer electronics giant Nokia has revealed plans to cut up to 10,000 jobs as part of a companywide ... be coming from salary-related costs, would make way for more 5G networking ... Read More