Nokia: 14,000 jobs cut
Nokia announced plans to cut 20% of its global workforce, affecting over 14,000 employees out of approximately 74,000 total staff. The layoffs are part of broader restructuring efforts at the Finnish telecommunications equipment maker. While the company has been investing in AI technologies, including acquiring optical networking firm Infinera, no direct link was made between AI adoption and the job cuts. The restructuring will impact Nokia's workforce in India and other global locations.
Conservative
0
Core Estimate
5,600
Upper Bound
9,800
Sources
Nokia trims 20% global workforce; 75,000 employees impacted: Report - The Economic Times
Nokia trims 20% global workforce; 75,000 employees impacted: Report - The Economic Times Business News Tech Tech & Internet Nokia trims 20% global workforce; 75,000 employees impacted: Report # Nokia trims 20% global workforce; 75,000 employees impacted: Report ETtechLast Updated: Mar 28, 2026, 05:36:54 PM IST Follow us Share Font Size AbcSmall AbcMedium AbcLarge Save Print ### Synopsis The job cuts will result in over 14,000 roles being affected globally and come amid broader re
Nokia layoffs 2026: Company trims 20% global workforce; 14,000 employees impacted |Report - The Economic Times
Nokia layoffs 2026: Company trims 20% global workforce; 14,000 employees impacted |Report - The Economic Times Business News Tech Tech & Internet Nokia layoffs 2026: Company trims 20% global workforce; 14,000 employees impacted |Report # Nokia layoffs 2026: Company trims 20% global workforce; 14,000 employees impacted |Report ETtechLast Updated: Mar 30, 2026, 03:37:38 PM IST Follow us Share Font Size AbcSmall AbcMedium AbcLarge Save Print ### Synopsis Nokia layoffs: The job cuts