Has it started? Do we know how many will be impacted? What will be hit? Any details?
More US layoffs?
Does anybody have info on more US layoffs at Nokia?
Nokia likely to cut 2,000 jobs in India
https://www.financialexpress.com/industry/nokia-likely-to-cut-2000-jobs-in-india/2219530/ Nokia likely to cut 2,000 jobs in India The sources added that the job losses will be across all divisions and 10% people have already been shortlisted... — read more
Experience and knowledge mean less and less?
It will get worse and worse here. I have no intention of worrying about every next round and whether I will survive another one. I started looking for new options a few months ago. I don’t know how successful you are in looking for a new job, but I’m... — read more
Satisfied with the severance?
I have not received any notification, but I have a feeling that the dismissal will come very soon. Question for those better informed - is there a possibility of negotiating severance pay? A solid job came up for me, it pays less than here so I’m... — read more
How worried are you?
It is normal to be worried, but I try to control stress and anxiety because there is life after Nokia. Moreover, I can't really say I enjoyed working here but I procrastinated looking for a new job because I didn’t think it was a priority so the... — read more
Nokia cutting up to 10,000 jobs under restructuring plan
Nokia expects to have 80,000 to 85,000 employees after it implements the scheme over the next 18 to 24 months, down from about 90,000 today. The exact number of layoffs will depend on “market developments” in the next two years, the company... — read more
10k less
https://abcnews.go.com/International/wireStory/nokia-cut-10000-jobs-ramp-5g-race-76484218 I think it was expected ;(((
Layoffs in FInland
Looks like Nokia will be cutting around 200 positions in Finland. This definitely doesn't bode well for the rest of us. I know there's an attempt to avoid layoffs right now but I'm less than confident it will be a success. Hopefully I'm worrying over... — read more
Delivering cuts without harming competitiveness?
Restructuring plans mean 14,000 employees will move from corporate functions into the new business groups of mobile, network infrastructure, cloud services and licensing (Nokia Technologies). Combined with this year’s profitability goal, that seems... — read more
Ex-Nokia In-house Lawyer's Discrimination Claims Survive in Part
https://www.law.com/corpcounsel/2020/12/23/ex-nokia-in-house-lawyers-discrimination-claims-survive-in-part/?slreturn=20210031225925
Nokia Layoffs 2021
Do you predict that there will be Nokia Layoffs 2021? Any news or rumors?
Nokia Stock Crushed After Cutting Profit Outlook
More lay-off coming soon.
Sooner or later.
https://www.macroaxis.com/invest/ratio/NOKIA.PA–Probability-Of-Bankruptcy
NOKIA WILL FADE OUT AND GO BANKRUPT SOON
The Verizon deal is just one of the shortfalls this company has experienced since taking over Alcatel-Lucent. It was a good ride ride now its time to find another job with a company that has a future.
Samsung's $6.6B 5G deal with Verizon bodes ill for Nokia
A 5G deal with Verizon valued at $6.6 billion will establish Samsung as one of the main suppliers of radio equipment to the operator that is still North America's largest. Following recent speculation Verizon was courting Samsung as a replacement... — read more
U.S. layoffs?
Do we have a date on the next round of U.S. layoffs?
Verizon Headquarters in NYC, corporate functions in New Jersey USA
Verizon Headquarters Our official headquarters and Board of Directors are located in New York City. However, our executive leadership and corporate functions are located in Basking Ridge, New Jersey. (USA) Does anyone know if Nokia has a... — read more
Nokia lags behind rivals in the 5G race
Nokia lags behind rivals in the 5G race, and that’s what Lundmark has been brought in to fix. Five days into his new job, the CEO said he is busy speaking with customers and has begun mapping a path forward. “My goal definitely is that I would be... — read more
Layoffs in IL, TX, other locations
How many were laid-off in IL, TX, CA, and other states in July 2020? What organisations?
NJ WARN act was amended on July 19, 2020 -- Was the NJ WARN Act triggered with recent layoffs in NJ?
https://www.natlawreview.com/article/restructuring-analysis-new-jersey-now-mandates-severance-pay-mass-layoffs Was the NJ WARN Act triggered with the recent layoffs in NJ? If so, Nokia owes those who were laid-off more money. Normally, Nokia... — read more
NOKIA USA 5G (arch/design/dev/test) jobs moved to CHINA and POLAND - LAYOFFS in BELL LABS MURRAY HILL NEW JERSEY July 23, 2020
This is my opinion only : Any jobs at Samsung, Ericsson, Qualcomm, Apple? There are 250+ experienced engineers ready to support Verizon/ATT/Tmobile - all based in New Jersey. All experience - in 5G eNodeB, RRH, RF, Testing, Customer Support... — read more
NOKIA bleeds workers in Murray Hill NJ
Several groups were offed in this company's monthly menstruation period. Last count was at 250.
Nokia to layoff 1233 employees in France in 2021
Nokia PR calls the action a "Transformation Project" https://www.reuters.com/article/us-nokia-france-layoffs/revolting-french-workers-at-nokia-owned-plant-protest-layoffs-idUSKBN2412FP
More lay-off coming???
More lay-off coming before the new CEO on duty?
Now this... Hostile Takeover...
What a year 2020 https://www.reuters.com/article/us-nokia-shares-idUSKBN21Y2R6
India Lockdown
Between China virus and India lockdown this company is boned. Get out while you can!
Layoffs in Research Announced
Layoffs are coming in Research. Corporate is asking for 20%, but that may be reduced. Landing sometime between April and June.
148 out in Finland
https://wallstreetreview.com/2020/03/03/nokia-says-will-cut-up-to-148-jobs-in-finland-this-year/
Consolidated thread: Corona Virus & Nokia
What's the impact and what are your thoughts?
CEO out
https://www.msn.com/en-us/finance/companies/nokia-ceo-to-step-down-after-struggling-to-make-5g-headway/ar-BB10CamT
microsoft/nokia layoffs severence how many month salary package
how many months?
How Can We Be Missing Dynamic Spectrum Sharing
After absorbing Siemens, Motorola, and Lucent how can we not have DSS ready already? Certainly its not from lack of resources, skill sets or knowledge... — read more
Coronavirus 5G Impact
Since Nokia has no 5G development in China, this virus situation will have no impact on Nokia’s timeline or results, right? They were never planning to get caught, were they?
NOKIA UNDER THE INVESTIGATION OF FINLAND’S FSA FOR THE OCTOBER FINA,If Nokia is found guilty, the penalty for that could be up to € 2.5 million.
https://nokiamob.net/2020/01/19/nokia-under-the-investigation-of-finlands-fsa-for-the-october-financial-warning/
Nokia to close R&D unit in Philippines
https://business.inquirer.net/288793/nokia-closing-rd-unit-in-ph
How many people work at Nokia?
Nobody knows when layoffs will happen, but the overall number of employees should be public info. Do you know how many people work at the company? How about the office at Espoo?
Link needed
There was a link going around to report to the US goverment if your job is being moved overseas, does anyone have that available to share.
5G...waiting, 5G...Still waiting, .... What 6G is already here ...
5G...waiting, 5G...Still waiting, .... What 6G is already here ...
Are there layoffs this week?
Are there layoffs this week?