Friday, 20 October, 2023
Nokia to Eliminate Up to 14,000 Jobs Following Profit Decline
Nokia has announced plans to cut a substantial number of jobs, potentially up to 14,000 positions, in response to a drop in profits. This strategic decision is part of Nokia's effort to optimize its operations and improve profitability. The restructuring is expected to impact various business units as Nokia seeks to address financial challenges and realign its workforce in line with evolving market dynamics.