Nokia to cut more jobs as it struggles to boost profits

Nokia announced an expanded cost-cutting program that will lead to further job losses as it targets an annual cost savings of $797 million by the end of 2020. The telecom infrastructure vendor is already in the midst of a $1.36 billion cost savings initiative following its 2016 acquisition of Alcatel-Lucent.
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Written by Developer on October 25, 2018
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