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
Topics regarding layoffs at Nokia Corp.
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
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
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 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
https://abcnews.go.com/International/wireStory/nokia-cut-10000-jobs-ramp-5g-race-76484218 I think it was expected ;(((
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
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
Do you predict that there will be Nokia Layoffs 2021? Any news or rumors?
More lay-off coming 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.
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
Do we have a date on the next round of U.S. layoffs?
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, 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
How many were laid-off in IL, TX, CA, and other states in July 2020? What organisations?
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
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
Several groups were offed in this company's monthly menstruation period. Last count was at 250.
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 before the new CEO on duty?
What a year 2020 https://www.reuters.com/article/us-nokia-shares-idUSKBN21Y2R6
Between China virus and India lockdown this company is boned. Get out while you can!
Layoffs are coming in Research. Corporate is asking for 20%, but that may be reduced. Landing sometime between April and June.
What's the impact and what are your thoughts?
how many months?
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
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?
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?
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 ...
Are there layoffs this week?
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
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