Nokia plans 10,000 job cuts in two years

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Nokia plans 10,000 job cuts in two years

timestampMar 16, 2021 authorAlShorts Web Desk

Finnish telecommunication and electronics company Nokia announced its plans to cut 10,000 jobs within two years in order to cut costs and invest more in research capabilities. The company is currently employing around 90,000 people. Nokia expects approximately USD715 million of restructuring and associated charges by 2023. This was announced on Tuesday.

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