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Channels Television   Updated March 16, 2021 FILES) This file photo taken on February 26, 2019, shows people visiting the Nokia stand at the Mobile World Congress (MWC) in Barcelona. Finnish telecoms equipment maker Nokia said on March 16, 2021, it would slash up to 10,000 jobs over the next two years as part of a 600-million-euro ($715-million) cost-cutting programme. Josep LAGO / AFP   Finnish telecoms equipment maker Nokia said Tuesday it will slash up to 11 per cent of its workforce within two years as it launches a “huge” cost-cutting drive and focuses on a few key areas in the fac...

With investments into next-gen communications continuing to ramp up, Nokia has decided to cut up to 10,000 jobs over the next two years to help cut

Trademark litigators lose interest in France, but not in Paris According to new statistics on European litigation revealed by Managing IP this week, trademark cases in France plummeted between 2015 and 2019. While the data, provided by Darts-IP, shows that the Paris High Court was the second most popular forum for trademark litigation in Europe after the Milan IP Court, France has seen a notable year-on-year decrease as a whole. The country saw a 20% drop from 2015 to 2016, a 29% decrease from 2016 to 2017, and a 33% fall from 2017 to 2018. Sources say the time it takes to get through IP case...

Unlike Swedish rival Ericsson, Nokia does not say how many people it employs in quarterly financials. For the past year, that concealed the full human cost of Nokia's efforts to slash about €500 million (US$597 million) off its yearly expenses. But the toll was made apparent today when the Finnish company published its latest annual report. After nearly 5,000 jobs disappeared from the total in 2019, more than 6,000 went last year. The net reduction of 11,044 left Nokia with an average workforce of 92,039 employees in 2020 and means headcount has fallen by 11% in just two years. A regional b...

Nokia is now free cash flow positive, making NOK stock worth much more. NOK stock is worth at least $6.08, 39% more, based on a 3% FCF yield.