Nokia Lay Offs
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Nokia To Lay Off 14,000 Employees Due To 19% Decline In Sales
This drop in numbers is primarily attributed to sluggish sales of 5G equipment in markets like North America.
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Ericsson Could Cut 8,500 Jobs Under Cost-Cutting Plans, Reveals Internal Memo
Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. While technology companies such as Microsoft, Meta and Alphabet have laid off thousands of employees citing economic conditions, Ericsson's move would be the largest layoff to hit the industry.
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Microsoft, Nokia Reunite on Cloud, AI, and IoT After Failed Smartphone Deal
In 2014, Microsoft acquired Nokia's smartphone business. The company later quit the smartphone business, laying off thousands of employees.
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Ericsson Could Shed 25,000 Jobs in Cost-Cutting Drive: Report
Swedish daily Svenska Dagbladet reported the news on Thursday, citing unidentified sources at the company.
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Microsoft Lays Off 'Dozens' as It Cuts Costs in Mobile Division: Report
The move comes as Microsoft tries to cut costs in its ailing mobile division, says the report.
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Nokia Siemens to sell optical networks unit to Marlin Equity Partners
Nokia Siemens Networks, is undertaking a cost-cutting plan, which includes laying off a quarter of its staff and selling product lines to focus on mobile broadband.
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Nokia Siemens to lay off 17,000 worldwide
Nokia Siemens Networks will slash almost one-quarter of its work force - in a move to cut annual costs
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Nokia Siemens to lay off 17,000 worldwide
Nokia Siemens Networks will slash almost one-quarter of its work force - in a move to cut annual costs
-
Nokia To Lay Off 14,000 Employees Due To 19% Decline In Sales
This drop in numbers is primarily attributed to sluggish sales of 5G equipment in markets like North America.
-
Ericsson Could Cut 8,500 Jobs Under Cost-Cutting Plans, Reveals Internal Memo
Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. While technology companies such as Microsoft, Meta and Alphabet have laid off thousands of employees citing economic conditions, Ericsson's move would be the largest layoff to hit the industry.
-
Microsoft, Nokia Reunite on Cloud, AI, and IoT After Failed Smartphone Deal
In 2014, Microsoft acquired Nokia's smartphone business. The company later quit the smartphone business, laying off thousands of employees.
-
Ericsson Could Shed 25,000 Jobs in Cost-Cutting Drive: Report
Swedish daily Svenska Dagbladet reported the news on Thursday, citing unidentified sources at the company.
-
Microsoft Lays Off 'Dozens' as It Cuts Costs in Mobile Division: Report
The move comes as Microsoft tries to cut costs in its ailing mobile division, says the report.
-
Nokia Siemens to sell optical networks unit to Marlin Equity Partners
Nokia Siemens Networks, is undertaking a cost-cutting plan, which includes laying off a quarter of its staff and selling product lines to focus on mobile broadband.
-
Nokia Siemens to lay off 17,000 worldwide
Nokia Siemens Networks will slash almost one-quarter of its work force - in a move to cut annual costs
-
Nokia Siemens to lay off 17,000 worldwide
Nokia Siemens Networks will slash almost one-quarter of its work force - in a move to cut annual costs
