Slowing demand for 5G equipment forces cost-cutting measures
Edited By WION Video Desk
Published: Oct 18, 2023, 22:30 IST | Updated: Oct 18, 2023, 22:30 IST
Nokia Corporation announced its intention to reduce headcount and achieve financial stability by laying off a significant number of employees. In an attempt to simplify operations and save expenses, the corporation plans to eliminate 14,000 positions.
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