Nokia Layoffs
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Ericsson Could Cut 8,500 Jobs Under Cost-Cutting Plans, Reveals Internal Memo
Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. While technology companies such as Microsoft, Meta and Alphabet have laid off thousands of employees citing economic conditions, Ericsson's move would be the largest layoff to hit the industry.
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Nokia Plans to Cut Up to 310 Jobs in Technologies Unit, Halt Ozo VR Camera Development
The Nokia unit has about 1,090 employees and the potential cuts are expected to affect staff in Finland, the United States and Britain.
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Ericsson Could Shed 25,000 Jobs in Cost-Cutting Drive: Report
Swedish daily Svenska Dagbladet reported the news on Thursday, citing unidentified sources at the company.
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Nokia Cuts 170 Jobs in Finland
Nokia, which currently has 6,100 employees in Finland and around 101,000 globally, cut 960 jobs in its home market last year.
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Microsoft to Cut 2,850 More Jobs
The company said in May it would cut 1,850 jobs in its smartphone business, most of them in Finland.
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Finland to Seek EU Aid to Cope With Microsoft, Nokia Layoffs
Last week, Microsoft announced 1,350 job cuts, while Nokia earlier said it's shedding 1,050.
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Microsoft to End Smartphone Manufacturing, Says Union Representative
Microsoft's chief shop steward in Finland, Kalle Kiili, told AFP the decision means Microsoft will no longer design or manufacture phones.
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Nokia Could Cut Up to 15,000 Jobs Globally: Union Representative
The cuts will come as as part of a cost-cutting programme following its acquisition of Franco-American rival Alcatel-Lucent, a Finnish union representative said.
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Chinese Employees at Microsoft's Nokia Arm Protest Mass Layoffs
Protesters held banners and shouted slogans against "Microsoft's hostile takeover and violent layoffs" for five hours until "they had sore throats."
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It is 'succeed or die' for Nokia, observers say after cuts
Nokia's surprise announcement of massive new spending cuts and 10,000 more layoffs puts the company's future at stake.
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Ericsson Could Cut 8,500 Jobs Under Cost-Cutting Plans, Reveals Internal Memo
Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. While technology companies such as Microsoft, Meta and Alphabet have laid off thousands of employees citing economic conditions, Ericsson's move would be the largest layoff to hit the industry.
-
Nokia Plans to Cut Up to 310 Jobs in Technologies Unit, Halt Ozo VR Camera Development
The Nokia unit has about 1,090 employees and the potential cuts are expected to affect staff in Finland, the United States and Britain.
-
Ericsson Could Shed 25,000 Jobs in Cost-Cutting Drive: Report
Swedish daily Svenska Dagbladet reported the news on Thursday, citing unidentified sources at the company.
-
Nokia Cuts 170 Jobs in Finland
Nokia, which currently has 6,100 employees in Finland and around 101,000 globally, cut 960 jobs in its home market last year.
-
Microsoft to Cut 2,850 More Jobs
The company said in May it would cut 1,850 jobs in its smartphone business, most of them in Finland.
-
Finland to Seek EU Aid to Cope With Microsoft, Nokia Layoffs
Last week, Microsoft announced 1,350 job cuts, while Nokia earlier said it's shedding 1,050.
-
Microsoft to End Smartphone Manufacturing, Says Union Representative
Microsoft's chief shop steward in Finland, Kalle Kiili, told AFP the decision means Microsoft will no longer design or manufacture phones.
-
Nokia Could Cut Up to 15,000 Jobs Globally: Union Representative
The cuts will come as as part of a cost-cutting programme following its acquisition of Franco-American rival Alcatel-Lucent, a Finnish union representative said.
-
Chinese Employees at Microsoft's Nokia Arm Protest Mass Layoffs
Protesters held banners and shouted slogans against "Microsoft's hostile takeover and violent layoffs" for five hours until "they had sore throats."
-
It is 'succeed or die' for Nokia, observers say after cuts
Nokia's surprise announcement of massive new spending cuts and 10,000 more layoffs puts the company's future at stake.
