base and increase operation efficiency to “address the " "challenging market environment. The substantial layoffs come after Nokia reported " "third-quarter net sales declined 20% year-on-year to 4.98 billion euros. Profit over " "the period plunged by 69% year-on-year to 133 million euros...
, "context": "Nokia said it would cut up to 14,000 jobs as part of a cost cutting plan following " "third quarter earnings that plunged. The Finnish telecommunications giant said that " "it will reduce its cost base and increase operation efficiency to “address the " "challenging market...
partly because the EVs were selling for less than they had in the past. ""Tesla implemented steep price cuts in the second half of the year around the world. In a Wednesday ""presentation, the company warned investors that it’s 'currently between two major growth waves.'")# create an ...