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NOKIA RESTRUCTURING
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 expands partnerships with TIM Brasil, Deutsche Telekom in AI technology pushNokia is bolstering its partnerships with TIM Brasil and Deutsche Telekom, expanding its reach in Brazil and accelerating cloud-based AI ne...
- Former Nokia India head Sanjay Malik joins Tata's Tejas Networks as EVPSanjay Malik, former Nokia India head, has joined Tejas Networks as EVP - Chief Strategy and Business Officer. Malik will work with managin...
- Nokia restructuring its India operations, names Tarun Chhabra as new country headThe rejigs and job cuts - in line with global restructuring at the telecom equipment maker - come amid a weak India business environment in...
- Nokia names Tarun Chhabra as new India headThe restructuring at the India unit is part of a global restructuring plan announced in October 2023 by Nokia to cut costs. As part of the ...
- TCS wins deal to digitise global HR operations of NokiaNokia has selected TCS as its transformation enabler and TCS consultants will work closely with Nokia to drive its humancentric, cloud-firs...
- Nokia to cut up to 10,000 jobs to ramp up research and development in 5G raceThe company said in a statement it expects about 600 million euros ($715 million) to 700 million euros of restructuring and associated char...
- Nokia names Sandeep Girotra as head of APAC and Japan market, Sanjay Malik to take overThe change in the India leadership is a part of the ongoing restructuring exercise to combine the teams and processes of Alcatel-Lucent, wh...
- 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...
- Nokia to sell its headquarters in Finland for $222 millionThe glass and steel building by the Baltic Sea will be bought by Finnish real estate company Exilion, and Nokia will lease it back on a "lo...
- No plans to move headquarters: NokiaNokia today said it has no plans to move its headquarters in Finland while it will continue with its efforts to dispose off non-core assets...
- Nokia plans to revamp India business with Rs 250 cr; to create 500 new jobsNokia which is battling a tough competition has been on a global restructuring exercise since early 2011. It had even announced to cut 300 ...
- Nokia registers $151 million loss in Q3;handset sales slideNokia today reported a net loss of 151 million euros for the three months ended September 30, as a slump in sales.
- Nokia to embark global restructuring exerciseThe Finish co is aligning its oprations globally. The move will translate into Nokia’s global operations being divided into 4 regions.
- Nokia, Siemens shift focus to restructuring JV: ReportNokia Corp and Siemens AG have shifted their focus to restructuring their joint venture in telecommunications-networking equipment.
- Nokia, Siemens shift focus to restructuring JV: ReportNokia Corp and Siemens AG have shifted their focus to restructuring their joint venture in telecommunications-networking equipment, after f...
- 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 to cut 7,000 jobs, outsources Symbian activities to AccentureNokia 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...
- Nokia CEO says 'substantial' jobs cuts to comeThe world's top mobile phone maker Nokia plans to significantly cut jobs as it transitions to a new strategy involving a partnership with s...
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