ADVFN - Advanced Financial Network.
HOME» NYSE » N » NOK Stock Price » NOK Stock News

Nokia Share News

 Nokia Corp. Stock Price
NOK Stock Price
 Nokia Corp. Stock Chart
NOK Stock Chart
 Nokia Corp. Stock News
NOK Stock News
 Nokia Corp. Company Information
NOK Company Information
 Nokia Corp. Stock Trades
NOK Stock Trades

Nokia: Global Job Cuts May Not Significantly Affect India Headcount

By Dhanya Ann Thoppil BANGALORE--The Indian unit of Nokia Corp. (NOK) said Thursday it doesn't expect any "significant impact" on its local headcount from the Finnish handset maker's plan to cut 10,000 jobs globally. "The planned changes will impact Nokia employees throughout our operations globally," a spokeswoman for the company told Dow Jones Newswires. But, "we don't see significant impact on India operations." She didn't elaborate. In India, Nokia has close to 11,000 staff, including more than 8,000 at its manufacturing plant in the southern state of Tamil Nadu. Nokia earlier Thursday announced sweeping changes to its business, including job cuts and a broad management shake-up, as the company cut its earnings outlook for the third time in a little over a year. The company -- being battered by bruising competition both at the expensive end of the market from Apple Inc.'s (AAPL) iPhone and from cheaper devices running Google Inc.'s (GOOG) Android software -- said competition in the mobile industry had hit its smartphone business "to a somewhat greater extent than previously expected." In India, Nokia was the No. 1 mobile-handset maker in terms of shipment in 2011, with an about 28% market share, according to research firm IDC. -Write to Dhanya Ann Thoppil at dhanya.thoppil@dowjones.com

Stock News for Nokia (NOK)
DateTimeHeadline
05/23/201305:09:14Nokia Siemens, Intel Sign Deal to Develop Ecosystem
05/14/201316:43:34TECH STOCKS: Microsoft, Yahoo Lead Slate Of Tech Gains
05/14/201313:26:32TECH STOCKS: Yahoo Leads Techs Up; BlackBerry, Nokia Fall
05/14/201308:00:09Nokia Makes Top-End Addition
05/13/201320:50:40EU Closer to Chinese Trade Probe
05/13/201308:45:49Nokia Siemens, Ericsson, Huawei in Joint Network Initiative
05/10/201317:11:21TECH STOCKS: Dell, Nvidia, Priceline Lift Tech Stocks
05/09/201306:30:10Nokia Unveils $99 Touch-screen Smartphone
05/09/201303:57:03Nokia Unveils $99 Asha 501 Touch-screen Smartphone
05/08/201310:08:08Nokia Siemens Networks Plans to Cut 150 Jobs in Finland
05/08/201307:38:09Nokia Siemens: N Amer Head Rick Corker To Join Executive Board
05/07/201314:40:07Nokia Says It Can Still Compete With Apple, Samsung
04/26/201304:28:12Nokia to Launch New Lumia Device May 14
04/24/201323:10:19HTC Will Change HTC One Microphone
04/24/201322:56:32HTC Will Change Flagship Smartphone's Microphone Due to Nokia...
04/24/201307:49:09German District Court Dismisses Nokia Patent Complaint Against...
04/24/201305:10:10Nokia Launches New Device in Budget Smartphone Lineup
04/24/201303:40:40Ericsson Earnings Fall amid Weakening Profit Margins
04/23/201315:37:08Verizon Wireless to Offer Nokia's Lumia 928 Smartphone -Bloomberg
04/23/201306:10:04Nokia Wins Court Injunction Against HTC Phone Components

Nokia and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad