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Home > Science and Technology News > Things are not going well at Nokia either; it will lay off 14 thousand employees

Things are not going well at Nokia either; it will lay off 14 thousand employees

Nokia, once one of the most popular phone brands, is joining the wave of layoffs in the tech world.

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Published: 19.10.2023 09:29 Updated: 19.10.2023 09:29
Things are not going well at Nokia either; it will lay off 14 thousand employees

Nokia has been trying to recover for many years. Especially after the pandemic, many technology companies began to part ways with their employees. So much so that even at Meta, the parent company of the world's most popular applications, thousands of people were laid off. As reported by CNBC, 14 thousand people are being laid off at Nokia as well.

NOKIA IS PARTING WAYS WITH THOUSANDS OF EMPLOYEES

Nokia, which wants to reduce costs, already had 86 thousand employees. In addition to this, it is now laying off 14 thousand employees.

Previously, LinkedIn had also laid off 1 thousand 364 employees. 

Epic Games had also parted ways with 830 employees.


News Source: 12punto

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Nokia Nokia layoffs tech world layoffs