Nokia to cut up to 14,000 jobs

By
Follow google news

As US demand shrinks, growth uncertain.

Nokia to cut up to 14,000 jobs
Nokia will cut up to 14,000 jobs to reduce costs, warning it did not expect a market recovery soon after posting a 20 percent drop in third-quarter sales on weaker demand for 5G equipment. A slowdown in the United States, home to Verizon and AT&T, and one of the more profitable markets for ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Vocus scores three new federal government contracts

Vocus scores three new federal government contracts

BoM's seven-year technology transformation cost $866m

BoM's seven-year technology transformation cost $866m

ACMA cracks down on mobile 000 'camp-on' failures

ACMA cracks down on mobile 000 'camp-on' failures

Austrade to replace its data centre core network

Austrade to replace its data centre core network

Log In

  |  Forgot your password?