Nokia (NOK) Solution Boosts Connectivity in MEA Energy Sector

Nokia's (NOK) private wireless network will drive efficiency in the energy sector. It will offer seamless voice and data services to ensure robust connectivity between offshore and onshore facilities.

Nokia (NOK) Introduces its Eco-Friendly Packaging Solution

Nokia (NOK) developed environment friendly packaging solutions. Its lightweight and compact feature will likely optimize product shipments and reduce CO2 emissions from transportation.

Nokia (NOK) Solution to Trim Philippines Network Power Usage

The improved software from Nokia (NOK) will enable Globe Telecom to enforce the shutdown of idle and unused equipment automatically through specified algorithms.

Nokia (NOK) Unveils Vision to Boost Future Network Architecture

Nokia (NOK) sheds light on emerging technology trends and the importance of advanced network infrastructure critical for the next phase of digital transformation in the Nokia Technology Strategy 2030.

Discover the Next Nokia: 3 Penny Stocks With Big Potential

For 18 months, rising interest rates were aimed at cooling the U.S. economy and curbing inflation. The economy unexpectedly expanded at an annualized rate of 4.9% in the third quarter.

The Top 3 Stocks to Dump After Disastrous Q3 Earnings

While the third-quarter earnings season has gotten off to an okay start, there have been a handful of ugly prints that raised eyebrows among investors. They also sent Wall Street analysts running t...

Earnings Miss of the Week: Nokia's Profit Plunges Almost 70% Amid Higher Interest Rates

Nokia (NOK) posted a profit plunge of almost 70% for the latest quarter as customers took out fewer subscriptions amid a challenging economic backdrop and rising interest rates.

Nokia stock drops on Q3 earnings results and plans to cut 14,000 jobs

Shares of Nokia (NOK) tumble lower on the company's third-quarter earnings miss, reporting a 20% decline in sales. The company plans on cutting 16% of its workforce over the next three years, amoun...

Nokia's (NOK) Q3 Earnings Miss Estimates, Revenues Fall Y/Y

Nokia (NOK) reports lower revenues year over year in the third quarter of fiscal 2023, owing to sluggish demand trends in several verticals.

Nokia to cut up to 14K jobs amid ‘market uncertainty'

Finnish-based Nokia said Thursday it was reducing its workforce by up to 14,000 employees to reset its cost base and better navigate market uncertainty.

Why Nokia Stock Dropped on Thursday

Nokia posted a significant drop in net sales in the third quarter. Management is moving to cut costs amid a weakening macroeconomic environment.

Nokia Layoffs 2023: What to Know About the Latest NOK Job Cuts

Nokia (NYSE: NOK ) stock is in focus on news that the company will eliminate as many as 14,000 jobs, representing up to 16% of its total employees. The firm said that it is making this decision due...

Nokia Plans 14,000 Job Cuts in Effort to Trim Costs

Nokia Oyj plans to cut around 16% of its workforce in a move expected to save as much as €400 million ($421 million) next year and an additional €300 million in 2025. Joe Easton reports on Bloomber...

Nokia plans to cut 14,000 jobs as profits spiral

Nokia is to cut up to 14,000 jobs as part of a cost reduction strategy after reporting a drop in quarterly profit. The Espoo, Finland-based telecommunications equipment company said it will lower i...

Nokia Has a Plan to Tackle Tough U.S. Market. It Includes Mass Layoffs.

Nokia announces plans to cut up to 14,000 jobs as part of a cost-saving initiative after profit tumbled 69% in the third quarter.


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