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Nokia Q3 Results Down, To Cut Up To 14,000 Jobs; Stock Dips

Shares of Nokia Corp. were losing around 4 percent in the morning trading in Helsinki as well as around 3 percent in pre-market activity on the NYSE after the Finnish telecom major reported Thursday a sharp drop in its third-quarter profit and revenues amid ongoing macroeconomic challenges.
Eteläuomen Läi Pekka Lundmark Nokia Corp Ip Networks Network Infrastructure Network Services

Nokia plans to cut jobs to shave costs • BusinessMirror

Nokia Oyj plans to cut as many as 14,000 jobs, or 16 percent of its workforce, as a dearth of investment in fifth-generation mobile infrastructure forces it to take cost-cutting measures. The move is expected to save as much as €400 million ($421 million) next year and an additional €300 million in 2025, the Espoo,
Northern Ostrobothnia United States Eteläuomen Läi Nokia Oyj Pekka Lundmark Andrew Gardiner

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Poland Data Center Market Report 2023-2028: Investment Opportunities in IT, Electrical, Mechanical Infrastructure, General Construction, and Tier Standards

/PRNewswire/ -- The "Poland Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.coms...
Laura Wood Turner Townsend Johnson Controls Data Center Construction Contractors Sub Installation Commissioning Services Airedale International Air Conditioning

Nokia and Colt Showcase Power of PSE-6s Coherent Optics in Live European Optical Network Demonstration

Press Release Nokia and Colt Showcase Power of PSE-6s Coherent Optics in Live European Optical Network Demonstration Colt demonstrates how Nokia’s sixth generation super-coherent Photonic Service Engine (PSE-6s) can be used to quickly add scale and performance to optical networks.Colt delivers new 800G high-speed line capacity over existing open optical line system using Nokia’s PSE-6s platform. 12 October, 2023Espoo, Finland – Nokia today announced that Colt Technology Serv...
United States Rafael Defermin Colt Technology Services Area Networks Nokia Communications Network Infrastructure
Source: yahoo.com

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