Ericsson to Shed 1,200 Swedish Jobs in Bid to Slash Costs [Yahoo! Finance]
Nokia Corporation Sponsored American Depositary Shares (NOK)
Last nokia corporation sponsored american depositary shares earnings: 4/30 01:00 am
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nokia.com/en_int/investors
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Source: Yahoo! Finance
Most Read from Bloomberg Trump Facing Moment of Truth for Finances in Manhattan Court Boeing CEO to Step Down in Overhaul Sparked by Safety Crisis Moscow Attack Suspects Paraded in Court as Two Plead Guilty US Homebuyers Expecting $10,000 Savings Face Tough Reality The company also plans to cut costs separately by eliminating facilities and the use of consultants and will streamline processes, it said in a statement on Monday. The company said it's in negotiations with unions over the cuts, which represent about 8.6% of the Swedish headcount at the end of 2023. European telecom equipment makers Ericsson and Nokia Oyj have struggled to rebound from a slowdown in spending across the mobile services industry. Ericsson warned earlier this year that its market outside of China would continue to decline in 2024 with investment by many operators remaining at “unsustainably low” levels. Read More: Ericsson Sees Weak 2024 Demand as Investment ‘Unsustainably Low' Mobile carrier
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NOK
News
- Nokia Corporation - Managers' transactions (Baldauf) [Yahoo! Finance]Yahoo! Finance
- First Nokia Buy America-Compliant products roll off Sanmina manufacturing lineGlobeNewswire
- Nokia Corporation - Managers' transactions (Martikainen) [Yahoo! Finance]Yahoo! Finance
- Nokia Oyj (NYSE: NOK) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Company News for Apr 19, 2024 [Yahoo! Finance]Yahoo! Finance
NOK
Earnings
- 4/18/24 - Beat
NOK
Analyst Actions
- 4/16/24 - JP Morgan
NOK
Sec Filings
- 4/24/24 - Form 6-K
- 4/24/24 - Form 6-K
- 4/18/24 - Form 6-K
- NOK's page on the SEC website