Home
/
LG
/
News
/
Phones Iphones
/
Reviews
/
Samsung
/
TV
/ Nokia to let go 14,000 employees after 20% dip in revenue
Nokia to let go 14,000 employees after 20% dip in revenue
Nokia, the Finnish company that makes equipment for telecom networks, reported a 20% dip in sales QoQ. And to offset the impact it will let go of 14,000 employees, which is over 15% of the entire workforce. According to the CEO, sales of 5G equipment fell 40% in North America, and other major markets are also past their peak growth. The layoffs will allow Nokia to save 400 million euros by the end of 2024, and a further 300 million in 2025, the company estimates. The United States is one of the biggest markets for Nokia and fellow equipment provider Ericsson. The companies expect a...
from Technology Lorde https://ift.tt/YKydV4W
via IFTTT
Subscribe to:
Post Comments (Atom)
Popular Posts
-
Reviews: Lenovo X3 ( Software and Perforance)
Software and Performance The Vibe X3 runs on Android 5.1.1 Lollipop. Lenovo made a note of scaling back on its custom Vibe UI... -
Honor V Purse in for reviewA very rare phone just landed in HQ - or should we say a very high-tech fashion accessory. With the leather case strap attachment, the Hono...
-
Oppo Find X7 Pro teaser leaksOppo is obviously already hard at work on its next flagship smartphone, the successor to the Find X6 Pro from this year. The phone, which w...
-
Apple TV 4K reviewIt's been over 10 years since Apple launched the first generation Apple TV. This year alongside the new iPhones, Apple introduced the f...
-
Google Chrome is getting five big address bar updatesThe most used web browser on Earth is getting some important updates for its address bar. Today Google has announced five of them, and they...
-
Sony unveils the PlayStation 5 and PlayStation 5 Digital Edition hardwareAfter months of secrecy, Sony finally revealed the design of its next-generation PlayStation 5 console. Actually, it unveiled two of them, ...
-
Google announces Gemini, its new multimodal AI model now available in BardToday Google unveiled Gemini, which is its new, "largest and most capable" AI model. It's built from the beginning to be mult...
-
#Samsung #GalaxyS7 active is official with larger battery, exclusive to AT&T
Samsung and AT&T just unveiled the carrier-exclusive Galaxy S7 active . The rugged version of the Galaxy S7 keeps the flagship... -
Review: Sony Xperia X
Introduction There's a shift of command in the house of Xperia. The Sony Xperia X and its two siblings are taking over from... -
Samsung Galaxy Xcover 7 leaks in official-looking rendersSamsung's Galaxy Xcover line of ruggedized smartphones will soon get a new member, following up the Galaxy Xcover6 Pro from mid-2022. I...
No comments: