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Nokia to cut up to 14% of workforce after Alcatel deal: sources

Thursday, April 7, 2016 - 05:50

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Nokia will reduce as much as 14 per cent of its workforce, cutting jobs across the globe as part of a plan to save more than US$1 billion annually following its merger with networking hardware rival Alcatel-Lucent.

Washington

NOKIA will reduce as much as 14 per cent of its workforce, cutting jobs across the globe as part of a plan to save more than US$1 billion annually following its merger with networking hardware rival Alcatel-Lucent.

The company is set to eliminate about 10,000 to 15,000

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