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Nokia plans to cut up to 14,000 jobs, or 16% of its 86,000 workforce, and reports Q3 2023 net sales down 20% YoY to €4.98B and profit down 6


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2023-10-19 06:44:13
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Arjun Kharpal / CNBC:

Nokia plans to cut up to 14,000 jobs, or ~16% of its 86,000 workforce, and reports Q3 2023 net sales down 20% YoY to €4.98B and profit down 69% YoY to €133M  —  - Nokia said it would cut up to 14,000 jobs as part of a cost cutting plan following third quarter earnings that plunged.




Arjun Kharpal / CNBC:

Nokia plans to cut up to 14,000 jobs, or ~16% of its 86,000 workforce, and reports Q3 2023 net sales down 20% YoY to €4.98B and profit down 69% YoY to €133M  —  - Nokia said it would cut up to 14,000 jobs as part of a cost cutting plan following third quarter earnings that plunged.



Source: TechMeme
Source Link: http://www.techmeme.com/231019/p6#a231019p6


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