Tag: "Layoffs"

Nokia Announces Major Layoffs

Nokia Announces Major Layoffs

With an aim to improve its competitiveness, the Finnish mobile company announced on Wednesday that the company is going to shed 4,000 jobs or 7% of its global workforce, with an aim to move its manufacturing facilities to Asia. The layoff will affect workers in three of the company’s facilities, including Salo, Finland; Komarom, Hungary; [...]