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Nokia to cut as many as 14,000 jobs as profit drops by 69%
(www.marketwatch.com)
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this post was submitted on 19 Oct 2023
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What's the alternative though, hire as many people as possible and fail?
If you are losing market share and profits then something needs to change, if you can cut costs of that. It's a ridiculously big number and incredibly unfortunate but it's unrealistic to think it'd be anything else