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Nokia Plans Up to 14,000 Layoffs Worldwide
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Nokia Plans Up to 14,000 Layoffs Worldwide
Nokia is in the process of implementing a significant global restructuring that could result in the elimination of up to 14,000 positions on a global scale. As a result of the company's response to slowing growth and operational inefficiencies, India is anticipated to be one of the most impacted markets. With more than 74,000 workers worldwide, the Finnish telecom firm is contemplating laying off over 20% of its staff.Layoffs are likely to occur…
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