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Nokia to cut as many as 14,000 jobs as profit drops by 69% (www.marketwatch.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 31 points 1 year ago* (last edited 1 year ago) (1 children)

Nokia is not just a phone company, it is also a telecommunications equipment provider. IIRC both those departments are 2 separate companies. They set up towers, 5G hardware etc and that part of the company is basically B2B.

[–] [email protected] 16 points 1 year ago

And a very healthy patent portfolio.