Do you predict that there will be Nokia Layoffs 2021? Any news or rumors?
22 replies (most recent on top)
search https://h1bdata.info, you will be surprised.
There are many companies they could not apply for immigration visa when massive layoff is on going
“France is excluded (from further job cuts) due to the previously announced restructuring,” a spokeswoman said.
Finland should be largely spared, according to Nokia. According to the Finnish media, social negotiations will start for 314 jobs in the Nordic country.
In Germany, the cuts are expected to cover 375 positions this year, or 12% of the workforce in the country, said a representative of the IG Metall union.
https://www.archyde.com/in-the-midst-of-the-5g-battle-nokia-will-cut-5000-to-10000-jobs/
Total restructuring and associated charges of approximately EUR 600–700 million, of which approximately 50% is expected in 2021, approximately 15% is expected in 2022, and approximately 35% is expected in 2023.
https://www.lightreading.com/5g/nokia-has-cut-11000-jobs-in-effort-to-boost-profit/d/d-id/767869
Dead soon, no hope.
You want Huawei or Samsung to buy it?!? Not even wall street bets can save this steaming pile.
I hope someone can purchase Nokia, the stock NOK is less than $4
Friend of mine works for TMO......they are ripping out Nokia radios in FL and GA and replacing with Ericsson.....should be good for a few more layoffs in 2021.
No surprise at all
They just laid off their Verizon radio sales guys.....no future radio sales to Verizon......done and done.
Well how many more US employees where replaced by India today. Today was another round of cuts at NOKIA. What groups did you work for in the company and was your job off shored.
Sounds like another round of layoffs in the works for USA on the 28th of January. Good times fellow Americans. Go INDIA telecom teams
201 US based installers
Nepotism - It is in Blood of Nokia
- - Politics - Very evident
- - The So called Gods (Line Managers) takes full benefit of man power reduction due to restructuring. There is no relationship between your performance and job safety. If you question your line manager or HR they make sure that you will not be rehired. In there HR database the HR and Line manager put a remark and it will make sure that you will not be rehired.
- - The Employe engagement survey is a big eye wash. It is a way to identify the unsatisfied person in group. The manager then try to take such unsatisfied person out by spoiling his rating or making him a part of man power reduction.
Advice to Management
- There is too much power in hands of Line Managers. You have to understand that not everyone can handle power.
- - The Line managers think and act like GOD. This creates a factory like environment. The Global restructuring which Nokia did might have been successful in saving some cost. But it had resulted in only the favorites retaining there jobs. The number of contractors in countries like USA and Canada are still same. The contractors are permanent employees. Do check your books on the number of contractors.
How many people in this team?
They are letting all of their American internal installation workforce go this week 12-11. So they will beat 2021
I am glad to leave Nokia with lay-off package, it might be no more lay-off package later.
Does the sun rise?
It's autogenerated question to drive some traffic
100% likely. They have laid people off every year, multiple times a year.
Of course
Are you serious?