Nokia cuts 14,000 jobs

Nokia says it will cut up to 14,000 jobs

By Michelle Toh, CNN Hong Kong (CNN) — Nokia will slash up to 14,000 jobs in a major cost-cutting drive to address a “weaker” market environment, it said in a statement on Thursday. The Finnish telecom giant, a major provider of 5G equipment that employs 86,000 people, announced the move as part of a wider

https://www.bloomberg.com/news/articles/2023-10-19/nokia-to-cut-up-to-14-000-jobs-to-lower-costs-in-weak-market