Nokia's Bold Move: Streamlining Operations with Up to 14,000 Job Cuts

Nokia's Bold Move: Streamlining Operations with Up to 14,000 Job Cuts

Nokia to reduce workforce by up to 14,000 in significant cost-saving initiative, as stated in their official announcement

Nokia plans to reduce its workforce by up to 14,000 employees as part of a significant cost-cutting initiative, according to a statement released on Thursday. The Finnish telecommunications company aims to streamline its operations and bring down its total number of employees from the current 86,000 to a range of 72,000 to 77,000. This is an ongoing news story and will be updated.