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Nokia plans to cut up to 14,000 jobs after sales and profits plunge in a weak market

Por: ABC News Tech October 19, 2023

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HELSINKI -- Telecom gear maker Nokia said Thursday that it is planning to cut up to 14,000 jobs worldwide, or 16% of its workforce, as part of a push to reduce costs following a plunge in third-quarter sales and profit.The Finnish wireless and fixed-network equipment provider said the planned measures are aimed at reducing its cost base and increasing operational efficiency “to navigate the current market uncertainty.The company said it is... + full article



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