Nokia will slash up to 14,000 jobs in a major cost-cutting drive, it said in <a href="https://www.nokia.com/about-us/news/releases/2023/10/19/inside-information-nokia-accelerates-strategy-execution-streamlines-operational-model-and-takes-action-to-protect-profitability/" target="_blank">a statement</a> on Thursday.

The Finnish telecom giant announced the move as part of a wider restructuring that will lower its headcount to a 72,000 - 77,000 employee organization from 86,000 currently. — This is a developing story and will be updated.

Nokia will slash up to 14,000 jobs in a major cost-cutting drive, it said in a statement on Thursday.{ai:summary}Finnish telecom giant Nokia plans to cut up to 14,000 jobs as part of a major cost-cutting effort. This move is part of a wider restructuring that will reduce the company's workforce to around 72,000-77,000 employees from the current 86,000. #economy

Nokia says will cut up to 14,000 jobs | CNN Business

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