Job Cut

Experts believe that layoffs in startups are inevitable. The question is all about time and impact, which will only be clear in the months to come. With the global economy in freefall amid the COVID-19 pandemic, layoffs, furloughs, pay cuts...

Since the launch of Apple's iPhone in 2007, Nokia’s market share has continuously been declining---it has lost over 70 billion euro ($88.45 billion). Nokia's total mobile handset shipments declined by 22.7 % in Q1 of fiscal 2012 compare to...

Last year, the world giant Telecom Equipment Manufacturer—Nokia Siemens—had declared on its website that the company is going to cut 17,000 jobs in order to reduce the cost of $1.3 billion by the end of 2013. After long struggle,...