42108
Nokia to Cut 1,000 Jobs
World Economy

Nokia to Cut 1,000 Jobs

Mobile phone giant Nokia is to cut more than 1,000 jobs in Finland, the company announced, as part of cost-cutting measures following its merger with Alcatel-Lucent, AFP reported. Once the world’s top mobile phone maker, Finland’s Nokia has been crushed by Samsung and Apple in the smartphone and tablet market in recent years, but earlier this month said it was returning to the fiercely competitive field. Nokia last month said it expected some 1,300 jobs to go in Finland, but the number announced in a statement on Friday was slightly lower, at 1,032.

 

Short URL : http://goo.gl/QSy6Iv
  1. http://goo.gl/z96r9M
  • http://goo.gl/OB6PmF
  • http://goo.gl/JIhB0d
  • http://goo.gl/Rb6d2b
  • http://goo.gl/ozB5Zz

You can also read ...

Najib Says Malaysia Reserves at $100 Billion
Malaysia’s international reserves, which amount to more than $...
For the full year 2017, GDP growth may be slightly higher than the 1.4% estimated in the previous bulletin, the Bank of Italy said.
Fitch Ratings has affirmed Italy's sovereign rating at 'BBB'...
Pakistan Economy Teetering as Pleas for Remedy Mount
Pakistan is showing clear signs of economic meltdown amid...
If NAFTA is scrapped, some economists predict that the big automakers would just shift production altogether to Europe or Asia.
America’s federal government finished fiscal 2017 with a...
Japan Faces Huge Challenges
Is Japan’s problem-plagued economy finally turning a corner?...
Fed Chair Race Heats Up
President Donald Trump said he’s considering Stanford...
Bitcoin Hits Fresh All-Time High of $6,000
Bitcoin surged to a new all-time high above $6,000 on Friday,...
South Korea Exports Rise 6.9%
South Korea’s exports rose 6.9% during the first 20 days of...

Trending

Googleplus