Published: October 18th, 2024,
Last updated: October 25th, 2024

According to insiders, Nokia has laid off about a fifth of its employee base across Greater China. A total of almost 2,000 employees are affected by the measure, said two people familiar with the matter. In Europe, the Finnish telecoms equipment manufacturer plans to cut another 350 jobs. A Nokia spokesperson confirmed the company had opened consultations relating to laying off 350 employees in Europe but declined to comment on Greater China.