2023-10-20
CNBC
18 related
Nokia plans to cut up to 14,000 jobs, or ~16% of its 86,000 employees, and reports Q3 2023 net sales down 20% YoY to €4.98B and profit down 69% YoY to €133M
Anyway, we're clearly now into another wave of layoffs in tech related industries. … LinkedIn: Bernie Arnason : Slow down in #5G sales, particularly in North America hitting Nokia pretty hard. Hoping...
2016-10-27
Bloomberg
9 related
Board member Borje Ekholm named CEO of Ericsson, will take over from interim CEO Jan Frykhammar in January 2017
Niclas Rolander / Bloomberg :
2016-07-25
Wall Street Journal
7 related
Ericsson CEO Hans Vestberg ousted after profit plunge, following layoffs of 8,000 at the firm this year, with plans for more; CFO to take reins as interim CEO
Move comes as the Swedish telecom-equipment maker struggles with slowing demand and fierce competition
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