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Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts, sources say

EXCLUSIVE-Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts, sources say Adds details on Chinese market in paragraphs 6-8 By Supantha Mukherjee STOCKHOLM, Oct 17 (Reuters) - Nokia NOKIA.HE has laid off close to 2,000 people or about a fifth of its employee base across Greater China and plans to cut another 350 jobs across Europe as part of efforts to lower costs, according to two sources familiar with the matter.
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Europe before the bell: TSMC boost, Nestle miss

LIVE MARKETS-Europe before the bell: TSMC boost, Nestle miss Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPE BEFORE THE BELL: TSMC BOOST, NESTLE MISS European shares were set for a steady start on Thursday, ahead of a widely expected rate cut by the ECB later in the day and as soaring demand for AI applications helped Taiwanese chipmaker TSMC's 2330.TW profit growth beat e
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Nokia joins Ericsson in seeing signs of recovery after mixed results

UPDATE 2-Nokia joins Ericsson in seeing signs of recovery after mixed results Company reports 9% rise in Q3 operating profit, beats estimates Net sales fall 8% to $4.33 bln euros, missing expectations North America has started to show signs of growth, CEO says India will return to growth next year, CEO adds Adds net sales in paragraph 2, context in paragraph 3, CEO comments in paragraphs 4-6, 9, 11, background paragraphs 8, 10 By Supantha Mukherjee STOCKHOLM, Oct 17 (Reuters) - Finnish telecom e
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Nokia in talks with Bharti Airtel for multi-billion dollar 5G contract, sources say

EXCLUSIVE-Nokia in talks with Bharti Airtel for multi-billion dollar 5G contract, sources say Adds Nokia shares in paragraph 5, Vodafone Idea contract win paragraph 9, Samsung did not respond in paragraph 12 By Supantha Mukherjee STOCKHOLM, Oct 16 (Reuters) - Finland's Nokia NOKIA.HE is in talks with Bharti Airtel BRTI.NS about securing a multi-billion dollar contract to provide 5G telecom equipment for the Indian mobile operator which is expanding its network, three sources familiar with the ma
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Nokia in talks with Bharti Airtel for multi-billion dollar 5G contract, sources say

EXCLUSIVE-Nokia in talks with Bharti Airtel for multi-billion dollar 5G contract, sources say STOCKHOLM, Oct 16 (Reuters) - Finland's Nokia NOKIA.HE is in talks with Bharti Airtel BRTI.NS about securing a multi-billion dollar contract to provide 5G telecom equipment for the Indian mobile operator which is expanding its network, three sources familiar with the matter said.
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