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
09/27/201602:02:48China Unicom expands partnership with Nokia for high capacity...
09/26/201609:07:53Nokia accelerates cable operators' transition to all-digital...
09/26/201607:46:11NOKIA: Nokia and Europe's first drone-based Smart City traffic...
09/22/201603:33:05Nokia has launched its public buy-out offer for all the securities...
09/22/201603:05:50Nokia service to transform network optimization in the cloud...
09/20/201616:09:09Nokia and T-Mobile showcase the real potential of 5G through...
09/20/201610:04:45The French stock market authority has approved Nokia's proposed...
09/19/201603:10:58Nokia launches Mobile Edge Computing-based enterprise applications
09/19/201603:07:12Nokia launches extensive 'as a service' portfolio to accelerate...
09/16/201603:06:39Nokia Bell Labs, Deutsche Telekom T-Labs and Technical University...
09/15/201603:05:17Nokia accelerates operators' move to multi-vendor cloud networks...
09/14/201608:39:25Nokia launches Mission Critical Communications Alliance to drive...
09/13/201608:12:34Nokia and Sonera demonstrate role of fixed and mobile networking...
09/12/201603:04:59Nokia extends 5G-ready AirScale radio and services portfolio...
09/02/201608:50:00Samsung to Recall Galaxy Note 7 Over Reports of Fires
09/02/201601:45:41Exercises with stock options of Nokia Corporation
09/01/201617:22:51NOKIA : Nokia and Jiangsu Telecom to deploy Carrier WAN-SDN core...
09/01/201608:23:21Nokia announces AirScale-powered 4.5G Pro and 4.9G to establish...
09/01/201603:05:05Nokia malware report shows surge in mobile device infections...
09/01/201603:01:00Nokia malware report shows surge in mobile device infections...

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 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad