Thread regarding Nokia Corp. layoffs

Nokia Layoffs 2020

Anyone would care to chime in with a prediction about potential Nokia Layoffs 2020? Any news or rumors?

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| 4728 views | | 15 replies (last )
Post ID: @OP+125cxBx5

15 replies (most recent on top)

The 350 people that were hired, were in Finland. In the U.S. we cant get a single req for a PCB designer. They dont want employees in North America. You will see a contraction of everything to Finland. The Finnish economy cant lose Nokia, it would be a disaster. To survive they will re-invent themselves again and save only Finns.

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Post ID: @Isur+125cxBx5

Nokia management in US s—s, as well as in Espoo Finland.The Indian CEO Suri is very incompetent, cannot sell one eNB, 5G NodeB in india. What is he good for? Fire him, make him accountable!!!

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Post ID: @Ijih+125cxBx5

Why does it seem that the idea "Make America Great Again", is to sell it off to companies in other countries? Nokia is not the only company being run from out of country. Who would have thought that Bell Labs would be sold off to another country? Who is really making the profit?

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Post ID: @Gnbf+125cxBx5

You can always be a super star and get moved to SAC so they can get rid of you like Goodman did the engineers. Its all fun either way. I heard you get a box of chocolates when you start at SAC wireless and you will be teamed with the best :)

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Post ID: @Ecog+125cxBx5

How can that be true if they just hired 350 people to work on 5G. If they have money to hire people, then they have money to pay severance.

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Post ID: @Dplx+125cxBx5

Word is Nokia doesn't have the cash to payout severance packages. Given the cancelled dividend and c-ap balance sheet it seems plausible. Good luck!

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Post ID: @Doqv+125cxBx5

Get a layoff package while you still can, no reason to be the last victim. Everyone working for NOKIA in North America should exit now. The pasture is very brown ahead and its not dirt

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Post ID: @Dvma+125cxBx5

All that will be left is the family members and the brown nosers. Then it will get real fun as they begin to fracture. India is where its at for the future of NOKIA

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Post ID: @mjug+125cxBx5

They are working on the special American Christmas separation package for the ones still left in their rank and file

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Post ID: @lrhj+125cxBx5

The other rumor I heard was plans to close most, if not all, China offices.

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Post ID: @guoe+125cxBx5

Current rumor is half of existing US staff are going to be laid off or "reassigned" to other tasks.

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Post ID: @gqbs+125cxBx5

If there are any Americans left, they will be laid off.

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Post ID: @8tly+125cxBx5

There are high cost center employees available to lay-off? Joyous day!

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Post ID: @1lni+125cxBx5

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