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Nokia jobs cut

Nokia was once the biggest handset manufacturer in the world, but it failed to anticipate the popularity of internet-enabled touchscreen phones such as Apple’s iPhone and Samsung’s Galaxy and was knocked from its perch by rivals. After selling its handset business to Microsoft, which the software giant later wrote off, Nokia concentrated on telecoms equipment. Finnish telecoms giant Nokia is to axe between 9,000 and 14,000 jobs by the end of 2026 to cut costs. It currently has 86,000 employees around the world, and has axed thousands of jobs since 2015. Do you think that AI technology is technology ?

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