Nokia to let go 14,000 employees after 20% dip in revenue

20 October 2023
Demand for 5G equipment is weaker than expected.

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I am not surprised, the last smartphones they produced are trash. They could do something original and well built flagship phone, but not really.

    Anonymous, 21 Oct 2023Once again the PLA minions have been busy with their bizarr... moreSimilarly, your comment made you looked like either a Nokia employee or a disgruntled Nokia fan. I think the former is more likely given how fast the fanbase of HMD Nokia is shrinking each day.

      Carol, 21 Oct 2023Nokia the company has nothing to do with hmd global that ma... moreAs expected, you cant provide proof to back up your claims. And you have made A LOT of negative claims against Chinese companies.

        • R
        • Ribbz
        • nEY
        • 21 Oct 2023

        HMD the company that make the Nokia branded phones are not doing any better, reading latest reports looks like Nokia will be taking away the licensing a year earlier than was originally planned!

          • ?
          • Anonymous
          • XUv
          • 21 Oct 2023

          Carol, 21 Oct 202380% of trolls here do not even know who nokia is, are happy... moreThe problem with nokia and ericson is actually the mmWave
          mmWave failed to deliver.
          It can't penetrate wall & windows, and only have 200m-300m range.
          And it seems the west loves mmWaves

          On the other hand Huawei always promoted the sub-7 band for 5G

            • C
            • Casio
            • mGj
            • 21 Oct 2023

            Carol, 21 Oct 202380% of trolls here do not even know who nokia is, are happy... moreHypocrite! A company that should have died 15 years ago got lucky and survived a few more years, now it’s time, get over it. You pity them only because Nokia is European, just say it. When HTC, LG, and many other Asian brands struggled, you cared as little as you can. So not weird when Nokia announced their last phone being made in Europe, i knew it’s going to be gone soon.

              • ?
              • Anonymous
              • tDQ
              • 21 Oct 2023

              Carol, 21 Oct 2023There is no real nokia and fake nokia. There is Nokia and h... more100 employee and struggling means
              You once good
              But you products can't keep up with the competitors
              And become blackberry

                • C
                • Carol
                • nUJ
                • 21 Oct 2023

                80% of trolls here do not even know who nokia is, are happy about layoffs and dramatise the whole situation as if nokia will hit insolvency, with more then around 80000 employees...
                This is how you know that people here not only are full of ignorance are also full of hatered, and instead of saluting the workes and wish them well, they happy...

                  • C
                  • Carol
                  • nUJ
                  • 21 Oct 2023

                  Onanymaus, 21 Oct 2023If you want to be more credible instead of sounding like a ... moreNokia the company has nothing to do with hmd global that makes nokia phones. Second i sound like a raging employee? Because i talking about the truth? How many brands were scrapped ? Like a tone, most of them you probably never heard of because they never got to sell the garbage outside china. Don't come here picking on people while being full of ignorance, research first before talking.

                    • C
                    • Casio
                    • mGj
                    • 21 Oct 2023

                    With Nokia's product line nowadays and recent attitude, they deserve no better result than this

                      Carol, 21 Oct 2023You definetly have no idea what you're talking about..... moreCarol, arent you being 'kettle calling the pot black' with that comment? As much as you dont want to admit it, you been showing Sinophobia for a long time. And that is under the 'Carol' name only. Who knows how many diatribes you spread under other names.

                        Carol, 21 Oct 2023By "Chinese brands" you mean that one company tha... moreIf you want to be more credible instead of sounding like a raging Nokia employee, you should give some examples of Chinese phones that got scrapped fast. Can you deny that Nokia not really better in software support by still giving only 3 years update at most even to top of the line X series?

                          • ?
                          • Anonymous
                          • XTM
                          • 21 Oct 2023

                          Leon, 20 Oct 2023I am sorry Nokia cell phone suck . No big big screen. Big b... moreNokia doesn't sell phones. That's HMD you're talking about. This post is about Nokia.

                            • ?
                            • Anonymous
                            • rKn
                            • 21 Oct 2023

                            Anonymous, 20 Oct 2023Dip in revenue is just an excuse. The real reason behind th... more👍

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                              • Anonymous
                              • sXb
                              • 21 Oct 2023

                              Once again the PLA minions have been busy with their bizarre posts. They get paid per post of course.

                                that happened after a super power country ban a Chinese manufacturer and pressured other countries not to do business with that Chinese manufacturer?
                                then Nokia deserved to be dead and buried

                                  • C
                                  • Carol
                                  • nUJ
                                  • 21 Oct 2023

                                  Onanymaus, 20 Oct 2023I noticed that's the argument point always used by com... moreBy "Chinese brands" you mean that one company that makes a brand today scraps it tomorrow's and does another and anorher. There are no raly

                                    • ?
                                    • Anonymous
                                    • XUv
                                    • 21 Oct 2023

                                    Notafanboy-Fanboy, 20 Oct 2023Finally in many countries they will have to beg Huawei to r... more"Finally in many countries they will have to beg Huawei to reinstall the 5G networks that they have decided to remove them ..."

                                    Actually NONE of Huawei 5G have been de-installed.
                                    They just "freeze" the order, not buy a new one. And said like "we will dismantled in 2025 or 2029"
                                    They initial strategy is to wait until america buy huawei cheaply, then buy the huawei owned by america.

                                      • C
                                      • Carol
                                      • nUJ
                                      • 21 Oct 2023

                                      Onanymaus, 20 Oct 2023I read arguments around here that Nokia have excuse to pric... moreYou definetly have no idea what you're talking about... The ignorance growth this past years is really worrying.... This m... get religios with their hate accross the bord and their support for theft and child labor and other practices taken by greed and moral-less companies... With so many supporting hate, greed and theft, i'm surprised that school's still exist, probably not for a long time anymore...

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                                        • Anonymous
                                        • XUv
                                        • 21 Oct 2023

                                        Onanymaus, 20 Oct 2023I noticed that's the argument point always used by com... moreThere's a lot of Non-C fans here in many way.

                                        ex.
                                        If it's not use Qualcom (Ameri), then "why not qualcom"
                                        If it's use Qualcom but C-brand, then "I prefer Google or Samsung"