Page 36 - Fixed Networks News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Fixed networks. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Fixed Networks Today - Breaking & Trending Today

Nokia to cut up to 10,000 jobs by 2023


Nokia to cut up to 10,000 jobs by 2023
The company said it is too early to comment in detail on where the job cuts will take place, but told AFP that France is excluded due to previously announced planned restructuring.
Nokia offices in Oulu, Finland. Picture: Nokia/Facebook.
32 days ago
HELSINKI, Finland - Finnish telecoms equipment maker Nokia announced Tuesday it will slash up to 11 percent of its workforce within two years as the firm looks to cut costs and focus on a few key areas in the face of tough competition over super-fast 5G networks.
Announcing a 600-million-euro ($715-million) cost-cutting programme, it said it expects to become an 80,000–85,000 employee organisation, over an 18–24-month period, instead of the approximately 90,000 employees Nokia has today. ....

Eteläuomen Läi , United States , Nokia Facebook , Pekka Lundmark , Rajeev Suri , Network Services , Fixed Networks , North America , Job Cuts , ஒன்றுபட்டது மாநிலங்களில் , நோக்கியா முகநூல் , ராஜீவ் சூரி , வலைப்பின்னல் சேவைகள் , சரி செய்யப்பட்டது நெட்வொர்க்குகள் , வடக்கு அமெரிக்கா , வேலை வெட்டுக்கள் ,

Nokia to axe up to 11% of its staff


New business groups have created new business plans
Up to 10,000 jobs, about 11% of total headcount, could go
When Nokia CEO Pekka Lundmark (pictured above) last December unveiled the vendor’s new strategy based on a “three-year journey” and stuck to the 2021 margin target despite warnings of a tough year in the mobile networks market, it seemed inevitable that job cuts were on the horizon. (See Nokia CEO preps for ‘three-year journey’ to determine future of the vendor.)
Well, now they’re here. Nokia says its four new business groups have identified their new “cost bases” and that, as a result, the company will be reducing its annual operating costs by €600 million by the end of 2023. ....

Pekka Lundmark , Network Infrastructure , Alcatel Submarine Networks , Optical Networks , Network Services , Mobile Networks , Fixed Networks , Capital Markets , Google Cloud , வலைப்பின்னல் உள்கட்டமைப்பு , அல்காடெல் நீர்மூழ்கி கப்பல் நெட்வொர்க்குகள் , ஒளியியல் நெட்வொர்க்குகள் , வலைப்பின்னல் சேவைகள் , கைபேசி நெட்வொர்க்குகள் , சரி செய்யப்பட்டது நெட்வொர்க்குகள் , மூலதனம் சந்தைகள் , கூகிள் மேகம் ,