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483 Nokia wants to “ensure leadership” in 5G by cutting jobs

Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia 2 place · 03/17/2021 20:50 EDT

Nokia wants to “ensure leadership” in 5G by cutting jobs

Nokia plans on investments in 5G R&D as the firm looks to “sacrifice some short-term margin to ensure leadership” in the connectivity standard The company plans to cut up to 10,000 jobs worldwide over two years, and will use the approx. US$713m annual savings to catch up with rivals on 5G technologies Nokia expects to... Read more »

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