Nokia plans to cut 14,000 jobs as profits spiral

06:39am, Thursday, 19'th Oct 2023
Nokia is to cut up to 14,000 jobs as part of a cost reduction strategy after reporting a drop in quarterly profit. The Espoo, Finland-based telecommunications equipment company said it will lower its
Nokia announces plans to cut up to 14,000 jobs as part of a cost-saving initiative after profit tumbled 69% in the third quarter.

Nokia to cut up to 14,000 jobs after profits drop

03:59am, Thursday, 19'th Oct 2023
Finnish telecom giant Nokia said Thursday it could cut its workforce by as many as 14,000 people after it reported lower-than-expected third-quarter profits.

Nokia says it's going to cut up to 14,000 jobs

02:22am, Thursday, 19'th Oct 2023
Nokia said on Thursday it is planning to cut up to 14,000 jobs — or around 16% of its workforce. The company is planning to lower costs by up to 1.2 billion euros by 2026.

Nokia says will cut up to 14,000 jobs

02:22am, Thursday, 19'th Oct 2023
Nokia will slash up to 14,000 jobs in a major cost-cutting drive, it said in a statement on Thursday.
Nokia said it would cut up to 14,000 jobs as part of a cost cutting plan following third quarter earnings that plunged.
Nokia NOKIA, -2.01% set plans to cut its workforce by up to 14,000 as it reported a steep drop in third-quarter profit. The telecom equipment maker said it's looking to reduce its workforce to between
Nokia Oyj will report its third-quarter 2023 financial results on October 19, with analysts expecting a 10% year-over-year decline in its earnings per share to $0.09, according to Zacks Investment Res

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02:54pm, Wednesday, 18'th Oct 2023
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Ericsson's decision not to offer any guidance beyond the fourth quarter, citing market uncertainty, is spooking telecom investors.
Nokia (NOK) is likely to have recorded a top line expansion year over year in the third quarter of 2023, owing to rising 5G adoption, the introduction of AI integrated solutions and multiple deal wins
The latest trading day saw Nokia (NOK) settling at $3.51, representing a -1.68% change from its previous close.
Nokia (NOK) introduces 25G PON technology on the Lightspan SF-8M sealed fiber access node. The advanced solution offers flexible deployment with enhanced service reliability.
In the latest trading session, Nokia (NOK) closed at $3.56, marking no change from the previous day.
Nokia (NOK) inaugurates a research lab in India to accelerate 6G innovations. The facility will be utilized for foundational 6G research, such as Network as a Sensor, Network Exposure and Automation.
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