Saturday, November 16, 2024
Google search engine

Nokia Lays Off 2,000 Employees in China, 350 in Europe


Nokia had regarding 10,400 workers in Greater China and 37,400 in Europe since December 2023.

Nokia in 2015 presented a strategy to reduce up to 14,000 tasks to reduce expenses and conserve approximately 800 billion euros ($ 868 million) and 1.2 billion euros by 2026.

Finland- based technology business Nokia has actually chosen to give up around 2,000 workers (or 20 percent of its labor force) in Greater China and 350 workers in Europe, Reuters has actually reported mentioning resources. The Nokia discharges belong to the business’s cost-reduction method.

Nokia had regarding 10,400 workers in Greater China and 37,400 in Europe since December 2023.

Last year, the business presented a strategy to reduce up to 14,000 tasks to reduce expenses and conserve approximately 800 billion euros ($ 868 million) and 1.2 billion euros by 2026.



Source link

- Advertisment -
Google search engine

Must Read