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Nokia to cut as many as 14,000 jobs as profit drops by 69%(www.marketwatch.com)

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Lee Duna@lemmy.nz
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BlueTardis@sh.itjust.works
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I thought Nokia was dead after Microsoft gutted it.

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baatliwala@lemmy.world
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Nokia is not just a phone company, it is also a telecommunications equipment provider. IIRC both those departments are 2 separate companies. They set up towers, 5G hardware etc and that part of the company is basically B2B.

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Pocketyeti@lemmy.world
15 points

And a very healthy patent portfolio.

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XTL@sopuli.xyz
5 points

This is a different company. They shuffled names around.

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