Nokia to cut as many as 14,000 jobs as profit drops by 69%

Lee Duna@lemmy.nz to Technology@lemmy.world – 231 points –
Nokia to cut as many as 14,000 jobs as profit drops by 69%
marketwatch.com
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I thought Nokia was dead after Microsoft gutted it.

Nokia is not just a phone company, it is also a telecommunications equipment provider. IIRC both those departments are 2 separate companies. They set up towers, 5G hardware etc and that part of the company is basically B2B.

This is a different company. They shuffled names around.