Nokia to Cut up to 14,000 Jobs as US Demand Shrinks, Growth Uncertain
STOCKHOLM/HELSINKI—Nokia will cut up to 14,000 jobs to reduce costs, it said on Thursday, warning it did not expect a market recovery soon after posting a 20 percent drop in third-quarter sales on weaker demand for 5G equipment. A slowdown in the United States, home to Verizon and AT&T, and one of the more profitable […]