https://investorplace.com/2020/01/nokia-has-momentum-early-in-2020-but-is-it-a-buy/ According to Gurufocus.com, Nokia’s current Altman Z-Score is 1.15, which suggests it is in financial distress. By comparison, Nokia’s best Z-score over the past 10... — read more
Trade Adjustment Assistance (TAA) Program
https://www.dol.gov/general/topic/training/tradeact The Trade Adjustment Assistance (TAA) Program Look into TAA. Get extra months of unemployment, training, and health care insurance savings. https://fas.org/sgp/crs/misc/R44153.pdf if you are... — read more
If you work more then 40 hrs without OT pay in USA, reply Yes.
If you work more then 40 hrs without OT pay in USA, reply Yes.
Nokia Cuts 180 Jobs With More to Come
Nokia Cuts 180 Jobs With More to Come. Nokia will file Chapter 11 in USA soon.
At Nokia Bell in Antwerp, another 104 jobs are being remediated.
https://www.computable.nl/artikel/nieuws/maatschappij/6863448/250449/opnieuw-ontslagdreiging-bij-nokia-bell-antwerpen.html Use google translate At Nokia Bell in Antwerp, another 104 jobs are being remediated. That is almost exactly a year after... — read more
Any chance this will spill over to us?
Nokia is planning to lay off 180 people in Finland as a cost-saving measure. Now I'm worried that means we'll see something similar here soon as well. Does anybody know if that's likely to happen or am I worried over nothing?... — read more
Nokia looking to make IP, optical products in India
https://nokiamob.net/2019/12/26/nokia-looking-to-manufacture-ip-and-optical-products-in-india/
Nokia does have 5G problem
How long they can lie ? https://www.reuters.com/article/us-nokia-software-interview/we-dont-have-a-5g-problem-says-nokias-head-of-software-idUSKBN1XU2BB
Nokia Layoffs 2020
Anyone would care to chime in with a prediction about potential Nokia Layoffs 2020? Any news or rumors?
Shares price falls down 20%
After yesterday earning mail from Rajeev the share price is laughably... — read more
Please look at this, Nokia deserves this.
https://www.law.com/corpcounsel/2019/07/08/former-nokia-in-house-attorney-sues-company-for-s-x-age-discrimination/
LOL - "DEVELOPING" in NJ - WHERE? - Nokia cut majority of the Mobile Network Developers and moved those jobs to China & Poland & Finland & India
LOL: "We’re also glad that the Finnish company, Nokia — it’s a great company — a global leader in 5G technology, is developing its cutting-edge products right here in the United States at Bell Labs in New Jersey."
Time for white-collar jobs to unionize in USA
Time for white-collar jobs to unionize in USA: https://www.vox.com/recode/2019/9/24/20880727/google-workers-unionized-contractors-hcl-tech-activism
Newark
I started in Network Systems Shortly after divestiture in Newark NJ. years later, and after a spin off, a merger, then an acquisition, what is left is that stuff that floats to the top as our management. For you old timers, just Sit back, and wait... — read more
Severance
Here is a 2017 severance package: https://www.benefitanswersplus.com/active_m/spd/severance_plan_01012017.pdf
What's the latest on layoffs at Nokia?
It's been really quiet lately, too quiet for my taste. I prefer knowing something is coming and preparing for any possibility than being caught completely off guard (which has happened several times before.) So if anybody has any info on layoffs... — read more
Nokia distances itself from boss's warning over Huawei 5G kit
Nokia distances itself from boss's warning over Huawei 5G kit https://www.bbc.com/news/technology-48790746 Nokia's chief technology officer Marcus Weldon told the BBC that the UK should be wary of using the Chinese hardware. He said Huawei's telecoms... — read more
Trump Administration May Require ALL 5G Equipment To Come From Outside China
Trump Administration May Require ALL 5G Equipment To Come From Outside China https://wccftech.com/trump-administration-may-require-all-5g-equipment-to-come-from-outside-china/
Do you like working for Nokia?
Do you like working for Nokia?
Tough Times Ahead
Huawei might be copping the biggest punches when it comes to security sceptics, but no-one is benefitting in this current state of purgatory.
Optical not hiring experienced laid-off internal Mobil Network employees but young engineers and H1B, why?
Some Optical locations in USA are NOT hiring experienced laid-off internal Mobil Network employees but young engineers and H1B, why? Only selective few who have connections (with MN mangers who are now mangers in Optical) are being hired and others... — read more
Nokia & Ericsson 5G Network made in China and used in USA by ATT, Tmobile, Sprint, Verizon, US Cellular
Isn't USA concerned about Nokia and Ericsson 5G Network being made in China and used by USA (ATT, Tmobil, Sprint, Verizon, US Cellular)? What percentage of Nokia/Ericsson 5G Network is being developed in USA versus China (that will be used by USA... — read more
May 2019 Layoffs
Where and how many?
Another Great Quarter - Q1 2019
Nice job Rajeev!
Joining Nuage?
Would you recommend joining Nuage? Currently working for a struggling company in the same tech space, are things better in Nuage? GL reviews seem good aside of lower than average pay and benefits.
Additional US unemployment option for those laid off by Nokia?
You can qualify for some additional US unemployment under a special program since the jobs are considered to have been "offshored." It is detailed and complicated like any government program. If you qualify, apply for "regular" unemployment and the... — read more
Nokia USA's current severance package?
Anyone know what Nokia USA's current layoff severance package is? I heard someone say there was some recent change by Nokia where one would get an extra year of severance by taking some course ??
Nokia and Ericsson 5G is also developed in China, so what makes these companies any more secure
Nokia and Ericsson 5G is also developed in China, so I don't understand what makes these companies any more secure then their Chinese competitors? Do you? Nokia Positions Itself as More Secure Than Rival Huawei... — read more
What happened to Nokia brand from 2000-2018 ?
https://www.youtube.com/watch?v=BQovQUga0VE (watch what happens to Nokia brand) https://www.forbes.com/sites/avidan/2019/02/24/the-lesson-of-the-kraft-heinz-nosedive-radical-cost-cutting-is-out-brands-are-back/#514733f67d1e Copied from this post... — read more
Cleaning up the management mess
This is my opinion only - Management screws up time and time again. And we are left to clean up their mess by giving up our weekends and late evening with family while the higher ups get their big fat bonus check and a salary increase. I couldn't... — read more
Nokia Plots Job Cuts Outside Europe
Nokia Plots Job Cuts Outside Europe https://www.lightreading.com/business-employment/jobs/nokia-plots-job-cuts-outside-europe/d/d-id/749199
Nokia Targets 1,330 Job Cuts in Europe
Nokia Targets 1,330 Job Cuts in Europe https://www.lightreading.com/business-employment/jobs/nokia-targets-1330-job-cuts-in-europe/d/d-id/748890?
Finnish giant telecom equipment announced removal of 460 positions in France
https://www.latribune.fr/technos-medias/telecoms/nokia-veut-de-nouveau-reduire-ses-effectifs-en-france-803910.html Finnish giant telecom equipment announced removal of 460 positions in France
Nokia Bell schrapt 107 jobs in Antwerpen
Nokia Bell schrapt 107 jobs in Antwerpen https://www.nieuwsblad.be/cnt/dmf20190115_04104870
Nokia wants to reduce 520 out of 3500 jobs in Germany.
The Finnish network equipment manufacturer Nokia wants to reduce 520 out of 3500 jobs in Germany. https://vaaju.com/austriaeng/nokia-removes-hundreds-of-jobs-in-germany/
Layoffs at Nokia March 2019
Starting a thread for March 2019 layoffs. Please post with location, number of cuts, and org.
Nokia to shed 350 jobs in Finland as part of cost cuts
Nokia to shed 350 jobs in Finland as part of cost cuts https://www.reuters.com/article/us-nokia-redundancies/nokia-to-shed-350-jobs-in-finland-as-part-of-cost-cuts-idUSKCN1P9137
Old News but relevant today - Nokia and China Huaxin sign definitive agreements for creation of new Nokia Shanghai Bell joint venture
Old News but relevant today with Huawei CFO arrest in Canada and an employee of Huawei arrest in Poland. What does that tell you about the Nokia Shanghai Bell joint venture? And the development of Nokia 5G being done in China. Nokia and China Huaxin... — read more
Merry Christmas
May your job search be short and your severance package be long!
Small Cell and mmWave...
Nokia will totally F--K up any 5G projects they get. Small Cell and now all mmWave is under the control of a Sales VP and a Marketing Director. Everything must be done fast with a minimum amount of people and money. Any resources in China are totally... — read more