Nokia is set to lay off 14,000 employees due to 20% dip in revenue
Nokia experienced a 20% decline in quarterly sales. Nokia and Ericsson anticipate an increase in sales for the next quarter but have uncertainties about 2024. Nokia’s CEO believes that sales will eventually go up, but he is not sure when. Nokia, the Finnish telecommunications equipment company, experienced a 20% decline in quarterly sales. To mitigate … Read more