April 20, 2021

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Nokia plans to cut as many as 10,000 jobs in the next two years

Nokia-will-cut-as-many-as-10,000-jobs-in-the-next-two-years-to-cut-costs

Nokia-will-cut-as-many-as-10,000-jobs-in-the-next-two-years-to-cut-costs

Nokia-will-cut-as-many-as-10,000-jobs-in-the-next-two-years-to-cut-costs

Finnish telecommunications equipment manufacturer Nokia (Nokia) said on Tuesday (March 16) that as part of a cost reduction plan of 600 million euros (S$963 million), the company will cut as much as 1 in the next two years. 10,000 jobs.

Agence France-Presse reported that Nokia said in a statement that in the next 18 to 24 months, the number of employees in the company will be reduced from the current 90,000 to 80,000 to 85,000.

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