Nokia to sack 14,000 workers amid falling sales. Know its business strategyOnce the biggest manufacturer of mobile handsets, Nokia suffers from a slowing down of demand and falling sales. It has decided to cut the ...
19 Oct, 2023, 06.40 PM IST
Microsoft layoffs will hit its sales, marketing employees in FinlandWith today's news that Microsoft is cutting another 7,800 jobs, mostly former Nokia employees, it's not surprising that a big chunk of the ...
09 Jul, 2015, 02.23 PM IST
US Senator Jeff Sessions censure Microsoft over layoffsThe company announced on July 8, 2015 that it was cutting 7,800 jobs in addition to 18,000 it cut in its last fiscal year.
09 Jul, 2015, 12.30 PM IST
Alcatel-Lucent, Nokia to operate separatelyIn India, Alcatel-Lucent will continue its focus on IP optics, software and fixed-line business as they will be complementary to its acquir...
24 Apr, 2015, 06.20 AM IST
Nokia Alcatel-Lucent merger may lead to layoffs at the French company's India unitFinnish network gear maker Nokia’s acquisition of rival Alcatel-Lucent is likely to lead to some layoffs at the French telecom equipment ma...
16 Apr, 2015, 05.17 AM IST
Lay-off by IT firms matter of serious concern: Bandaru DattatareyaDattatareya said number of laws including Industrial Disputes Act were available to address such issues, adding that state governments also...
10 Jan, 2015, 11.24 PM IST
Nokia paid Rs 250 crore compensation under VRS to 5,600 employeesFinland-based Nokia has paid about Rs 250 crore as compensation to employees of its Chennai manufacturing facility, who opted for the volun...
25 Jul, 2014, 06.53 PM IST
Microsoft to focus on Windows Phone OS; Android likely casualtyWorld's largest software maker Microsoft plans to shift select products from the Android- powered range to the Windows platform as it beefs...
17 Jul, 2014, 11.19 PM IST
Foxconn India may lay off employeesET had written about the company’s VRS plans on June 3, 2014 and this is the first time Foxconn is making it official.
23 Jun, 2014, 04.00 AM IST
Foxconn to start layoffs after voluntary retirement schemeThe FIH India management had a meeting with the Assistant Commissioner of Labour in Sriperumbudur, the area in which the company is located.
21 Jun, 2014, 11.00 AM IST
TCS Finland to lay-off up to 290 employeesTCS, which has a registered office in Helsinki is in negotiations with the employee representatives over the move to cut jobs.
04 Jun, 2013, 10.23 AM IST
- Nokia restructuring to see up to 300 jobs cuts in India
Nokia today said up to 300 jobs would be cut in India, as the company embarks on restructuring that would affect 7,000 employees worldwide.
27 Apr, 2011, 04.42 PM IST
- Nokia to cut 7,000 jobs, outsources Symbian activities to Accenture
Nokia will lay off additional 4,000 staff, most in Finland, Denmark, UK. The move is in line with its plan to cut annual costs by 1 bn euro...
27 Apr, 2011, 04.09 PM IST
- Nokia Siemens to lay off 120 workers in Finland
Nokia Siemens Networks, the mobile network equipment maker, said Tuesday it will lay off up to 120 workers in Finland, on top of 450 job cu...
27 Apr, 2010, 04.48 PM IST
- Nokia profit plunges 90% in 1st quarter
Nokia Corp. says its profits plummeted 90% in the first quarter amid a slump in demand for mobile phones.
16 Apr, 2009, 04.08 PM IST
- Nokia new job cuts to have minimal impact on India operations: Co
In India, Nokia has about 10,000 employees, including nearly 8,000 workers at its manufacturing plant in Chennai. Dressing for recession su...
17 Mar, 2009, 10.43 PM IST
- Nokia Siemens Networks to cut 9,000 jobs by 2010
Nokia Siemens Networks, the Finnish-German telecom networks manufacturer, said on Friday it would cut 9,000 jobs by the end of 2010, or 15 ...
04 May, 2007, 10.10 PM IST