Diabytes
Nokia jobs News
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Nokia Layoffs 2024: China, once Nokia's second-largest market, has seen a sharp decline in contracts from Chinese telecom operators after Western countries banned Huawei in 2019.
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Nokia employed about 102,000 employees as of end-June.
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Telecom network equipment maker Nokia is likely to cut 10,000 to 15,000 jobs globally as part of a cost-cutting programme following its acquisition of Franco-American rival Alcatel-Lucent, a Finnish union representative said.
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Telecom network equipment maker Nokia is planning to cut thousands of jobs globally, including 1,400 in Germany and 1,300 in its native Finland, as part of a cost-cutting programme following the acquisition of Alcatel-Lucent earlier this year.
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Nokia has pledged not to cut French jobs for two years after the closure of the deal, beyond what Alcatel had already planned.
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