Nokia To Cut 10,000 Jobs And Close 3 Facilities

The Finnish company, struggling to restart its mobile phone business with Microsoft, also said it would post a wider loss in the second quarter.

Topics:  finnish   microsoft   
ASK NEWS:
  • Microsoft Earnings Preview: Focus On Revenue Growth From Hardware ... - Forbes.com
    ... amid news that it’s planning to cut as many as 18,000 jobs next year. ... the newly acquired Nokia Oyj’s ... we will continue to pay ...
    07/21/2014 - 8:52 am | View Link
  • Microsoft to cut 18,000 jobs across organisation - The Hindu
    U.S software giant Microsoft, on Thursday, said that it would cut up to 18,000 jobs, close to 15 per cent ... 12,500 jobs will be cut at the Nokia
    07/17/2014 - 9:55 am | View Link
  • Surface survives Microsoft cuts, but tablet strategy remains muddled - NetworkWorld
    Microsoft’s massive layoffs target hardware division - Washington Post
    07/17/2014 - 4:27 am | View Link
  • Microsoft could cut 1,000 jobs in Finland - Puget Sound Business Journal
    ... plans to cut 1,000 former Nokia employees in Finland, Finnish daily Helsingin Sanomat said Wednesday. The paper reports Microsoft will close a...
    07/16/2014 - 3:29 pm | View Link
  • Report: Microsoft to cut 1,000 jobs in Finland - Seattle Times
    Without the cloud, Microsoft may lose grasp on the enterprise - Computerworld
    07/16/2014 - 3:09 pm | View Link
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BING NEWS:
  • Microsoft to cut 18,000 jobs
    Next week we favour a break below it for a corrective wave C with a measured target around 9500. DAY: Stay short at 9825, with a stop above 9900. Add to shorts on a weekly close below 9600. POSITION: First target trend line met, next 9600 and then 9500.
    07/17/2014 - 8:49 pm | View Link
  • First Take: Nokia hit hardest in Microsoft layoffs
    NEWS: Microsoft to cut up to 18,000 jobs But for sheer jaw-dropping effect, nothing comes close to Microsoft's plans to eliminate up to 18,000 jobs amid the apparent gutting of Nokia, the smartphone maker Microsoft acquired for $7.2 billion. Microsoft ...
    07/17/2014 - 5:56 pm | View Link
  • Microsoft to cut Nokia jobs
    Microsoft is planning to cut 1,000 jobs in Finland from its mobile phone unit ... Finnish daily Helsingin Sanomat said on Wednesday Microsoft planned to close former Nokia research and development unit in Oulu, northern Finland. The Oulu unit employs ...
    07/15/2014 - 6:40 pm | View Link
  • Microsoft expected to cut jobs after Nokia acquisition
    Microsoft shares remained flat yesterday, very close to its 52-week high of $42.45 (about £25, AU$45), which values the company at nearly $350 billion, less than either Google ($400 billion, £235 billion, AU$ 426 billion) or Apple ($580 billion ...
    07/15/2014 - 1:20 am | View Link
  • Nokia to Cut 10,000 Jobs and Close 3 Facilities
    BERLIN — Nokia said Thursday it would slash 10,000 jobs, or 19 percent of its work force, by the end of 2013 as part of an emergency overhaul that includes closing research centers and a factory in Germany, Canada and Finland, and the departures of three ...
    06/14/2012 - 5:53 pm | View Link
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BING SEARCH:
  • NOK
    Next reporting date: October 23, 2014: EPS forecast (this quarter) $0.09: Annual revenue (last year) $16.9B: Annual profit (last year)-$818.1M: Net profit ...
    07/28/2014 - 11:31 am | View Website
  • Technology and Science News
    Get the latest science news and technology news, read tech reviews and more at ABC News.
    07/28/2014 - 3:39 am | View Website
  • Nokia: Latest News on Nokia at NDTV Gadgets
    Get the latest Nokia news headlines from NDTV Gadgets. Find breaking Nokia news, including analysis, features, reviews, interviews and opinion on Nokia’s top news ...
    07/27/2014 - 9:19 pm | View Website
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    07/27/2014 - 9:12 pm | View Website
  • Nokia Lumia 525 already priced near $100 in China, cheaper ...
    Home › News › Nokia Lumia 525 already priced near $100 in China, cheaper than the Nokia Lumia 520
    07/27/2014 - 9:05 pm | View Website
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