Thread regarding Nokia Corp. layoffs

Tough Times Ahead

Huawei might be copping the biggest punches when it comes to security sceptics, but no-one is benefitting in this current state of purgatory.

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Post ID: @ZDc4D3l

4 replies (most recent on top)

There are legitimate reasons why Nokia is dying in the middle of the greatest economic boom of the past 50+ years. Those reasons include but are not limited to management incompetence, ignorance, arrogance, unethical behavior, poor quality products, insufficient engineering talent, insufficient customer engagement, inability to manage mergers and acquisitions, etc.

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Post ID: @ZDc4D3l-9pjg

It's no longer worth putting in late evenings, early mornings, weekends for this company especially when the pay is so low compared to other tech companies.

Give me my severance and let me go work for a company that appreciates the work I do, pays me a salary that is competitive with my skills and years of experience.

Nokia is all about rush rush rush and then nothing works. Engineers don't work as engineers any longer but rushed to get the job done. What ever happened to a quality product? Rushing without thinking it through with lots of pressure to deliver only causes the product to fail and ends up bringing the entire company down - just look at the past quarterly report.

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Post ID: @ZDc4D3l-8urp

Huawei’s Troubles Are a Big Opportunity for Ericsson and Nokia

https://www.bloomberg.com/news/articles/2019-06-19/huawei-s-troubles-are-a-big-opportunity-for-ericsson-and-nokia

"But the key beneficiaries of Huawei’s difficulties are likely to be the two Europeans, which compete directly with the Chinese company in supplying radio-access network equipment"

Yet, Nokia's stock is still around $5, so how is it benefiting?

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Post ID: @ZDc4D3l-1xpt

China will always have the power regarding the roll out and quality of 5G network built by Nokia and Ericsson since majority of the 5G network is being build in China by Chinese employees of Nokia and Ericsson. At this point, it seems to me and this is only my opinion that China controls not only Huawei and ZTE, but also Nokia and Ericsson. Until majority of the 5G network radio development and testing isn't shifted out of China, China has the upper hand on.

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Post ID: @ZDc4D3l-1hba

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