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.
Topics regarding layoffs at Nokia Corp.
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
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