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
04/24/201409:50:12Nokia Says 'Very Strong Likelihood' India Plant Won't Be Part...
04/24/201407:40:11Nokia's India Plant May Not Transfer to Microsoft
04/24/201407:35:39Nokia Says 'Very Strong Likelihood' India Plant Won't Be Part...
04/11/201416:33:09Nokia Offering Employee Buyouts in India
04/11/201416:32:26Nokia Offering Employee Buyouts In India
04/08/201412:42:11EUROPE MARKETS: European Stocks Sag As Sports Direct, Insurers...
04/02/201421:00:05India's Top Court Orders Samsung Chairman to Surrender
04/02/201420:15:36India's Top Court Orders Samsung Chairman Lee Kun-Hee to Surrender...
04/01/201417:18:51ADR Shares End Higher; Anheuser-Busch InBev Shares Active
03/28/201416:51:17ADR Shares End Higher; Aviva Shares Active
03/28/201412:35:10New Delhi Orders Special Audit of Nokia India Accounts--Update
03/24/201405:50:59Nokia, Microsoft Deal Delayed By Regulators
03/19/201404:57:51NSN Selected By Taiwan Mobile As Sole Supplier For LTE-Advanced...
03/14/201417:12:21ADR Shares End Lower; GlaxoSmithKline Shares Active
03/14/201415:43:16Nokia Loses India Tax Appeal--Update
03/13/201414:00:10EU and China Closing In on Landmark Trade Deal
02/26/201415:10:11Huawei Targets U.S. Smartphone Market
02/26/201407:35:38NSN Signs 5 Year Network Upgrade Pact With Vodafone
02/25/201414:07:15Cheaper, Smarter Cellphones Coming to Emerging Markets
02/24/201417:20:37ADR Shares End Higher; HSBC Shares Active

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