Nokia to cut up to 14,000 jobs
Nokia is cutting up to 14,000 jobs amid a slowdown in the global economy and rising interest rates. The company reported a 20% drop in third-quarter sales and a 69% decline in profit. CEO Pekka Lundmark said the job cuts are necessary to “adjust to market uncertainty and to secure our long-term profitability and competitiveness.” […]
IBM and Nokia collaborate to launch private 5G service
IBM and Nokia announced at Mobile World Congress 2023 that they will collaborate on a “seamless, simplified” private 5G managed service using IBM Cloud Satellite. On what each partner will bring to the table, Nokia will bring expertise in 5G networks and private wireless, while IBM will bring use case-driven cross-industry knowledge and experience in […]
Nokia’s user-repairable G22: A budget Android device designed for longevity
In response to the growing demand for the “right-to-repair” movement, Finnish smartphone manufacturer Nokia has released a new device with user-repairable features. In collaboration with iFixit, NokiaG22 was announced as one of the first budget Android smartphones designed to be repaired at home, allowing users to swap out the battery in under five minutes. Should […]
Nokia And Ericsson Join Dell In Pulling Out Of Russia
Nokia, Logitech International and Ericsson have joined Dell and other technology companies in exiting the Russian market due to the ongoing Russian-Ukraine conflict. According to a Nokia spokesperson, the vast majority of its 2,000 employees will have left Russia by the end of the year, but they will maintain a formal appearance until the conclusion […]
