Topics regarding layoffs at Nokia Corp.

Topics regarding layoffs at Nokia Corp.

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 

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| 2950 views | | 1 reply (March 30, 2021)
Post ID: @OP+1a7yIERg

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 

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| 2400 views | | 1 reply (March 16, 2021)
Post ID: @OP+19TGezsH

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 

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| 2300 views | | no replies yet
Post ID: @OP+19TVNRpa

10k less

https://abcnews.go.com/International/wireStory/nokia-cut-10000-jobs-ramp-5g-race-76484218 I think it was expected ;(((

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| 1374 views | | no replies yet
Post ID: @OP+19T557Yf

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 

Nokia Layoffs 2021

Do you predict that there will be Nokia Layoffs 2021? Any news or rumors?

Sooner or later.

https://www.macroaxis.com/invest/ratio/NOKIA.PA–Probability-Of-Bankruptcy

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| 2320 views | | 3 replies (last October 31, 2020)
Post ID: @OP+17BJcKyX

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.

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| 5360 views | | 22 replies (last February 17, 2021)
Post ID: @OP+16SEqGPk

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 

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| 2310 views | | 1 reply (September 11, 2020)
Post ID: @OP+16Se8zbg

U.S. layoffs?

Do we have a date on the next round of U.S. layoffs?

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 

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 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

India Lockdown

Between China virus and India lockdown this company is boned. Get out while you can!

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| 1622 views | | no replies yet
Post ID: @OP+148ZEiUH

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/

CEO out

https://www.msn.com/en-us/finance/companies/nokia-ceo-to-step-down-after-struggling-to-make-5g-headway/ar-BB10CamT

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?

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?

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| 1740 views | | 4 replies (last February 6, 2020)
Post ID: @OP+13ceNGaF

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.

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| 1053 views | | 1 reply (January 30, 2020)
Post ID: @OP+139pbxmR

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