Nokia announces mass layoffs: Telecom gear maker Nokia said that it is planning to cut up to 14,000 jobs worldwide, or 16% of its workforce, as part of a push to reduce costs following a plunge in third-quarter sales and profit. The Finnish wireless and fixed-network equipment provider said the planned measures are aimed at reducing its cost base and increasing operational efficiency “to navigate the current market uncertainty.”from IndiaTV Business: Google News Feed https://ift.tt/PjXOcSu
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