Nokia to cut up to 14,000 jobs after profits drop
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. “In the third quarter we saw an increased impact on our business from the macroeconomic challenges,” CEO Pekka Lundmark said in a statement. Nokia’s savings programme is expected to reduce the firm’s employees […]
Nokia NOK stock surge

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. “In the third quarter we saw an increased impact on our business from the macroeconomic challenges,” CEO Pekka Lundmark said in a statement. Nokia’s savings programme is expected to reduce the firm’s employees […]

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