Nokia to cut up to 14,000 jobs after 69% profit plunge

[ad_1] Nokia new logo displayed on mobile, with Nokia logo on screen. Nurphoto | Nurphoto | Getty Images Nokia on Thursday said it would cut up to 14,000 jobs as…

Ericsson pleads guilty in U.S. to federal bribery violations, agrees to pay $206 million penalty

[ad_1] Ericsson recently announced it is planning to cut 8,500 jobs as part of its cost-cutting measures. Nurphoto | Nurphoto | Getty Images Swedish telecommunications giant Ericsson agreed to pay…

Ericsson to lay off 8,500 workers as part of cost-cutting plan

[ad_1] Photographer | Collection | Getty Images Swedish telecom company Ericsson will lay off 8,500 workers as part of its cost-cutting measures, the company confirmed to CNBC on Friday. Reuters…