Nokia still has up to 8K jobs to cut after slow progress on turnaround

Is this really happening with Nokia?

This happened last to last year and will happen again.

I think in 2019-2020 they closed the whole one location of Nokia, not sure but Philippines…

So now Telecom guys should look into and develop into other alternative professions…

Everyone should have at least second source of income.

Actually it is also important your wealth (house, savings etc.).

“The aim is to cut annual costs by about €600 million ($665 million) and plow most of this into research and development (R&D).”