5G...waiting, 5G...Still waiting, .... What 6G is already here ...
Topics regarding layoffs at Nokia Corp.
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
If you work more then 40 hrs without OT pay in USA, reply Yes.
Nokia Cuts 180 Jobs With More to Come. Nokia will file Chapter 11 in USA soon.
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
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
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
Anyone would care to chime in with a prediction about potential Nokia Layoffs 2020? Any news or rumors?
After yesterday earning mail from Rajeev the share price is laughably... — read more
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: https://www.vox.com/recode/2019/9/24/20880727/google-workers-unionized-contractors-hcl-tech-activism
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
Here is a 2017 severance package: https://www.benefitanswersplus.com/active_m/spd/severance_plan_01012017.pdf
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 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 https://wccftech.com/trump-administration-may-require-all-5g-equipment-to-come-from-outside-china/ — read more
Do you like working for Nokia?
Huawei might be copping the biggest punches when it comes to security sceptics, but no-one is benefitting in this current state of purgatory.
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
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
Where and how many?
Nice job Rajeev!
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. — read more
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
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 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
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
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 https://www.lightreading.com/business-employment/jobs/nokia-plots-job-cuts-outside-europe/d/d-id/749199 — read more
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? — read more
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 — read more
Nokia Bell schrapt 107 jobs in Antwerpen https://www.nieuwsblad.be/cnt/dmf20190115_04104870 — read more
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/ — read more
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 https://www.reuters.com/article/us-nokia-redundancies/nokia-to-shed-350-jobs-in-finland-as-part-of-cost-cuts-idUSKCN1P9137 — read more
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