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 [email protected]

Stock News for Nokia (NOK)
DateTimeHeadline
01/16/201723:30:00Ericsson and Cisco to Overhaul Network of Vodafone Hutchison...
01/16/201704:29:00Ericsson-Cisco Partnership Gets Vodafone Hutchison Australia...
01/10/201701:08:13China Mobile Selects Nuage Networks Software Defined Networking...
01/05/201710:03:06Nokia OZO Partners with Youku to Create and Distribute 3D 360...
01/05/201701:37:02Exercises with stock options of Nokia Corporation
01/04/201715:02:49Nokia and T-Mobile achieve ground-breaking LTE speeds near 1...
01/03/201706:45:00Intel Seeks Approval to Buy Stake in HERE
12/27/201608:03:00Three Asian Investors to Buy 10% Stake in Digital Map Maker HERE
12/23/201603:03:00Nokia, Apple Face Off Over Patents -- WSJ
12/22/201613:14:00Nokia Files More Patent Complaints Against Apple--Update
12/22/201612:42:00Nokia Files More Patent Complaints Against Apple
12/22/201611:38:48Nokia expands patent litigation against Apple in Asia, Europe...
12/22/201605:04:05Nokia, Vodafone and Telit collaborate to expand the IoT ecosystem...
12/21/201618:56:00Nokia and Apple File Competing Lawsuits Over Patents -- 3rd Update
12/21/201617:08:00Nokia Sues Apple Alleging Patent Infringement--2nd Update
12/21/201615:58:00Nokia Sues Apple Alleging Patent Infringement--Update
12/21/201614:50:00Nokia Sues Apple Alleging Patent Infringement
12/21/201613:13:55Nokia sues Apple in Europe and the US for infringement of Nokia...
12/15/201612:32:39Nokia announces its 2016 Bell Labs Prize winners
12/15/201611:32:53Settlement of the litigation relating to Nokia's public buy-out...

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 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US