0944 GMT - Nokia is among the most mentioned companies across news items over the past four hours, according to Factiva data, after the Finnish company said that it plans to cut thousands of jobs.
Nokia Oyj plans to cut as many as 14,000 jobs, or 16 percent of its workforce, as a dearth of investment in fifth-generation mobile infrastructure forces it to take cost-cutting measures. The move is expected to save as much as €400 million ($421 million) next year and an additional €300 million in 2025, the Espoo,
By Dominic Chopping Nokia is scheduled to report results for the third quarter on Thursday. Here's what you need to know: NET PROFIT: The Finnish telecom.
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