Nokia to cut up to 14,000 jobs after profit plunges https://www.cnbc.com/2023/10/19/nokia-to-cut-up-to-14000-jobs-after-profit-plunges-.html?
Nokia do more than unbreakable phones.
They are mostly in the carrier equipment business these days
C-level needs more salary
Nokia is way ahead in 5g and 6g then other competitors with strong network people. There visible is bit low due to B2B
Hard to shut shop in communications