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NOKIA WORKFORCE REDUCTION
Bajaj Finserv's AI push; Govt's UPI fixBajaj Finserv chairman Sanjiv Bajaj says the company will launch a dedicated fund for AI startups. This and more in today's ETtech Top 5.- Nokia layoffs 2026: Company trims 20% global workforce; 14,000 employees impacted |ReportNokia layoffs: The job cuts will result in over 14,000 roles being affected globally and come amid broader restructuring at the mobile netw...
- 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 ...
- Nokia to cut a third of jobs at French arm Alcatel-LucentFinland's Nokia plans to cut 1,233 jobs at its French subsidiary Alcatel-Lucent International, equivalent to a third of the local workforce...
- Microsoft soon to announce biggest job cuts in 5 yearsThe company had 127,104 employees as of June 5, after adding about 30,000 in its acquisition of Nokia's handset unit.
- Nokia looks to cut staff at Chennai factoryIn a meeting with the union representatives on Wednesday, the Nokia India management also expressed the need to reduce operational costs.
- MNCs announce 71,000 job cuts globally by more than a dozen multinationalsCompanies to have confirmed massive job cuts include HP, Nokia, Sony Corp, Yahoo, PepsiCo, Royal Bank of Scotland and airline firm Lufthans...
- Nokia Siemens to cut 2,900 jobs in Germany & 1,200 in FinlandThe 2,900 cuts in Germany equate to roughly every third Nokia Siemens' job in the country, causing uproar among unions.
- Nokia Siemens may lay off 2,000 employees in IndiaThe company, a JV between Finland’s Nokia Corporation and Siemens AG of Germany, had last week said that it intends to cut 17,000 jobs glob...
- Nokia Siemens to cut 17,000 jobs worldwideNokia Siemens Networks will eliminate 17,000 jobs worldwide in its biggest cull to narrow the gap behind market leader Ericsson AB.
- Global giants like HSBC, Nokia, Barclays plan thousands of job cuts; employees in India largely sparedMulti-national cos have announced job cuts totalling more than 1,35,000 across the world, but the impact on India is estimated to be for le...
- Nokia to axe 300 in India, transfer 700 engineersThe move to cut workforce includes laying off 4,000 staff and transferring 3,000 across China, Finland, India, Britain and the US to Accent...
- Nokia restructuring to see up to 300 jobs cuts in IndiaNokia today said up to 300 jobs would be cut in India, as the company embarks on restructuring that would affect 7,000 employees worldwide.
- Nokia ready for steepest job cuts in 20 years on Microsoft dealAlmost 6,000 Nokia jobs are under threat equivalent to 38% of the Finnish company's global devices R&D work-force.
- Nokia Siemens to cut thousands of jobs: CompanyFinnish-German telecom equipment maker Nokia Siemens said on Tuesday that it could reduce its 64,000-strong workforce by seven to nine perc...
- Sony Ericsson to cut 2,000 jobs after lossesSony Ericsson would cut 2,000 more jobs after it swung to loss of $384mn in 1st Q of yr.
- Sony Ericsson to cut 2,000 jobs after lossesMobile phone maker Sony Ericsson on Friday said it would cut 2,000 more jobs after it swung to a loss of 293 million euros (384 million dol...
- Nokia new job cuts to have minimal impact on India operations: CoIn India, Nokia has about 10,000 employees, including nearly 8,000 workers at its manufacturing plant in Chennai. Dressing for recession su...
- Five going jobless every passing minute this yearHowever, as a saving grace for employees, most of the layoffs of '09 so far happened in Jan.
- Google & Apple effect: Nokia changes, adopts external R&DNokia is re-engineering its R&D model world-wide to tackle growing competition from Apple’s iphone and Google’s mobile phone platform. Digi...
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