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 to cut 1,850 jobs - Sault Star Online
    ... after it bought handset maker Nokia in an ... said on Wednesday it expected to cut all 1,350 jobs at its Finnish mobile phone unit and close ...
    05/25/2016 - 2:40 pm | View Link
  • Why Wall Street's rally seen continuing at open - Yahoo! Singapore
    ... end of its Nokia experiment, cutting as many as 1,850 smartphone jobs ... off $7.6 billion and cut 7,800 jobs. ... in the S&P 500 after the ...
    05/25/2016 - 1:21 pm | View Link
  • Microsoft to cut over 1500 jobs - Times of India
    Microsoft announces streamlining of smartphone hardware business - Bloomberg
    05/25/2016 - 6:50 am | View Link
  • Microsoft to cut 1,850 jobs at struggling smartphone unit - Yahoo! Finance
    Baig: What's left for Microsoft in mobile - USA Today
    05/25/2016 - 5:13 am | View Link
  • Nokia to cut more than 1,000 jobs in Finland - Arab News
    Nokia to shed more than 1,000 jobs in Finland - Hindustan Times
    05/21/2016 - 4:54 am | View Link
  • More
BING NEWS:
  • After Nokia, Microsoft To Slash Thousands Of Jobs
    Just a day after the anticipation of a massive job cut by Finnish giant Nokia, Microsoft has announced that it will cut about 1850 jobs in its smartphone division ... its smartphone business and close down its research and development site in Tampere ...
    05/25/2016 - 11:19 pm | View Link
  • Microsoft signals end of Nokia experiment, cuts 1850 jobs
    and another 500 jobs from around the globe. Nadella hinted at Microsoft's desire to streamline its mobile operations in July a year ago, explaining the company would cut down on the number of devices it releases in the hopes of encouraging devs to create ...
    05/25/2016 - 5:32 pm | View Link
  • Microsoft to cut 1850 Nokia jobs
    Microsoft's interpretation of the "Close" button in a notification of an impending upgrade to Windows 10 is contrary to company design guidelines and other recommendations, according to documents on the firm's website. A week after the sale of its feature ...
    05/25/2016 - 3:39 pm | View Link
  • Microsoft to cut 1,850 jobs at struggling former Nokia smartphone unit
    The company said on Wednesday it expected to cut all 1,350 jobs at its Finnish mobile phone unit and close down a research and development site in the country. A further 500 jobs will go in other countries, it said, without giving details. “We are ...
    05/25/2016 - 3:00 pm | View Link
  • Nokia confirms over 1000 layoffs in Finland
    These wide layoffs are a part of company’s strategy to cut costs after its big acquisition of its French rival Alcatel-Lucent. The deal which was over $16.6 billion is expected to close in the first ... to keep 4,200 jobs in the country for two years ...
    05/23/2016 - 9:06 am | View Link
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BING SEARCH:
  • 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
    05/23/2016 - 1:43 am | View Website
  • Intel plans to cut thousands of jobs: Report
    Intel Corp is planning to cut thousands of jobs this spring, including reducing headcount in some business units by double-digit percentages, news website ...
    05/21/2016 - 8:40 am | View Website
  • Intel to cut 12,000 jobs as PC industry swoons
    By Narottam Medhora (Reuters) - Intel Corp said on Tuesday it would cut 12,000 jobs globally, or 11 percent of its workforce, as it refocuses its business ...
    04/19/2016 - 4:49 pm | View Website
  • Nokia Said to Cut as Much as 14% of Workforce After ...
    Nokia Oyj will reduce as much as 14 percent of its workforce, cutting jobs across the globe as part of a plan to save more than $1 billion annually ...
    04/6/2016 - 6:13 am | View Website
  • FNB to cut jobs, close branches | TechCentral
    FNB to cut jobs, close branches Forty branches are to be closed as customers move to digital channels, according to a report.
    03/14/2016 - 11:55 am | View Website
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