Shareholder support for ESG proxy proposals plummets
Average support for ESG proposals dropped to 23% this year, compared to 31% last year, according to a new report from the Conference Board.
Source: fortune.com
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Nokia to cut up to 14,000 jobs as sales slump
Like its peers, Nokia is suffering from the current spending slowdownIts third-quarter revenues dropped by 20% year on yearThe vendor isn’t sure when, or to wh…
Pekka Lundmark Ray Le Maistre Network Services Network Infrastructure Mobile Networks Nokia Technologies
Source: telecomtv.com
Elon Musk Takes Aim at Powell Over Rates. Why Tesla Has Bigger Problems.
Netflix’s subscribers surge after password-sharing crackdown, mortgage rates hit 8% and demand dwindles, and other news to start your day.
Source: marketwatch.com
Nokia To Cut Up To 14,000 Jobs As 5G Demand Slows
Finnish telecom giant Nokia said Thursday it would cut up to 14,000 job as profits fell on weakening demand for its 5G equipment in North America.
Source: ibtimes.com
Nokia axing up to 14,000 jobs in bid to slash costs
Nokia said the move was part of efforts to save up to £1.04billion over a three-year period. It has UK offices in UK offices in Bristol, Cambridge and Reading.
Source: dailymail.co.uk
Airtel and Ericsson successfully test RedCap software on Airtel's 5G network
Bharti Airtel and Ericsson have successfully tested Ericssons RedCap software, which is expected to improve battery life and deliver higher data speeds. The test was conducted using Qualcomms 5G RedCap test module and represents the first implementation and validation of RedCap in India.
Sandeep Hingorani Bharti Airtel Randeep Sekhon Reduced Capability Qualcomm Technologies Ericsson Redcap
Source: indiatimes.com
Nokia cutting up to 14,000 jobs as 5G demand declines in developed markets
Nokia has announced that it will cut between 9000 and 14,000 jobs by the end of 2026 to reduce its costs.
United Kingdom United States Pekka Lundmark Chief Executive Pekka Lundmark North America 5g Equipment
Source: developingtelecoms.com
Nokia to Cut 14,000 After Sales Plunge
The company is trying "to navigate the current market uncertainty."
Source: manufacturing.net
Bharti Airtel, Ericsson, and Qualcomm Test RedCap Software on Airtel 5G Network
Bharti Airtel, Ericsson, and Qualcomm Test RedCap Software on Airtel 5G Network - OPP.Today
Bharti Airtel Sandeep Hingorani Qualcomm Technologies Reduced Capability Ericsson Redcap Network Solutions
Source: opp.today
Nokia announces 14,000 job losses as 5G demand slows
Nokia has announced thousands of job losses after it saw a 20% fall in net sales in the third quarter of 2023.
Source: personneltoday.com