Nokia Unveils Massive Workforce Cuts: 2,000 Jobs Slashed in China and 350 in Europe as Part of Cost-Cutting Strategy
STOCKHOLM – Nokia has announced a significant reduction in its workforce, laying off nearly 2,000 employees in Greater China, which accounts for about 20% of its local workforce. Additionally, the telecommunications giant plans to cut another 350 jobs across Europe as part of a strategic initiative aimed at lowering operational costs. A spokesperson from Nokia … Read more