Tag Archives: Nokia to cut up to 14

Finnish telecom gear group Nokia will cut up to 14,000 jobs to reduce costs, it said on Thursday, after weaker demand for next-generation 5G equipment lowered third-quarter sales by a fifth, adding it did not expect a market recovery soon. The company’s shares were down 5% in early trade. As demand has slowed in countries such as the United States, …

Read More »