Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts
- Posted on October 17, 2024
- By Business News Today
- 2 Views
Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts
Nokia has laid off nearly 2,000 employees in Greater China and plans to cut an additional 350 jobs in Europe to cut costs. As of December 2023, Nokia had 10,400 employees in Greater China and 37,400 in Europe. The company aims to reduce its workforce to between 72,000 and 77,000 by 2026.
