Nokia is reportedly planning significant job cuts, potentially reducing its global workforce by 20%, impacting over 14,000 roles. This move, part of a major restructuring, follows a decline in Nokia’s India performance and a broader trend of layoffs in the tech industry amid cost pressures and slowing demand. Nokia is reportedly planning significant job cuts, potentially reducing its global workforce by 20%, impacting over 14,000 roles. This move, part of a major restructuring, follows a decline in Nokia’s India performance and a broader trend of layoffs in the tech industry amid cost pressures and slowing demand.
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