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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  • ?
  • Anonymous
  • 86v
  • 20 Oct 2023

Anonymous, 20 Oct 2023That what happens when clients stop paying royalties and tr... moreRofl Nokia fanboys just throwing out excuses left and right

    Anonymous, 20 Oct 2023Smartphone jobs in China pay considerably higher than tradi... moreI noticed that's the argument point always used by commenters disliking Chinese brands.

      • ?
      • Anonymous
      • 0p}
      • 20 Oct 2023

      That what happens when clients stop paying royalties and try to use for free illegally

        • ?
        • Anonymous
        • rKn
        • 20 Oct 2023

        Dip in revenue is just an excuse. The real reason behind these layoffs is AI implementation on a large scale.
        Scamdemic that happened for few years was actually a digital virus controlled by control freaks using AI. Welcome to nwo.

          Anonymous, 20 Oct 2023Without Huawei banning, wouldn’t they go bankrupt?Probably they wouldn't struggle like this, Nokia lose Chinese Market because of that ban, also Huawei is one of the biggest Nokia customer if you don't know.

            • ?
            • Anonymous
            • q}r
            • 20 Oct 2023

            Onanymaus, 20 Oct 2023I read arguments around here that Nokia have excuse to pric... moreSmartphone jobs in China pay considerably higher than traditional jobs. Blizzare claim they pay minimum wage.

              • ?
              • Anonymous
              • f{t
              • 20 Oct 2023

              Not surprising considering how they are managing things and the kinds of phones they are releasing.

                I read arguments around here that Nokia have excuse to price their phones higher because they pay their employees livable wages while the Chinese brands can price their phones lower because they pay minimum wages. Which side is more successful?

                  • k
                  • kl
                  • Sqx
                  • 20 Oct 2023

                  Hotrod, 20 Oct 20235g is slow on the uptake for driverless cars as people actu... moreyour cars computer will be obsolete faster then the 5g, can you upgrade it?

                    Well wish a good luck to find new job for all those loose its job in Nokia.
                    This is at least thing i could give.
                    God with you people.

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                      • ha
                      • Sqx
                      • 20 Oct 2023

                      lk, 20 Oct 20233g is obsolete everywherealways up and down, huawei would sue xi not spain

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                        • Hotrod
                        • 39y
                        • 20 Oct 2023

                        5g is slow on the uptake for driverless cars as people actually value their life believe it or not.

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                          • lk
                          • Sqx
                          • 20 Oct 2023

                          Anonymous, 20 Oct 2023Can't beat Huawei. Time for EU to sanction the based C... more3g is obsolete everywhere

                            Coffee time, 20 Oct 2023Not surprised. I had one of the first Nokia Android phones ... moreThis is not the Nokia that made phones.

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                              • Nonsense
                              • NwQ
                              • 20 Oct 2023

                              Driverless cars and long distance medical jobs right. See you 50 years when I can have a stable 10 megabytes connection

                                • ?
                                • Anonymous
                                • vaS
                                • 20 Oct 2023

                                Notafanboy-Fanboy, 20 Oct 2023Finally in many countries they will have to beg Huawei to r... moreRedemption. Can't remember if official or not but there was a Nokia site that kept saying 4G LTE is enough. Not to mention all the "5G spreads Cancer and Covid" fake news from the west.

                                  • ?
                                  • Anonymous
                                  • vaS
                                  • 20 Oct 2023

                                  Can't beat Huawei. Time for EU to sanction the based Chinese. 😂

                                    • ?
                                    • Anonymous
                                    • g@S
                                    • 20 Oct 2023

                                    Both real Nokia and fake Nokia are struggling.

                                      Finally in many countries they will have to beg Huawei to reinstall the 5G networks that they have decided to remove them ...

                                        • ?
                                        • Anonymous
                                        • 7vr
                                        • 20 Oct 2023

                                        Without Huawei banning, wouldn’t they go bankrupt?