Silobreaker.com    Log In
   My Page    Help   
360° SearchNetworkHot SpotsTrends
 
Advanced Search Options >>
Sunday, November 22, 2009 12:14 AM

Published 11/04/2009 by Lebanon Daily Star


Nokia Siemens considers up to 6,000 job cuts

- Powered by HELSINKI: Finnish-German telecom equipment maker Nokia Siemens said on Tuesday that it could reduce its 64,000-strong workforce by 7-9 percent, or by 4,500 to 5,800 jobs, in a cost-cutting drive. The cost-cutting is to improve financial performance and return...

Share this 

What others report on the same story

Job cuts at Nokia Siemens and Johnson & Joh...
Johnson & Johnson, the consumer goods and healthcare giant, said that it would cut up to 7 per cent of its 117,000 employees worldwide, meaning that as many as 8,190 ... - [11/04/2009 - Times Online]
Two Leading Global Firms Announce Job Cuts
Kat Higgins, Sky News OnlineThousands of jobs are at risk at mobile phone giant Nokia Siemans and healthcare firm Johnson & Johnson. Telecom equipment maker Nokia ... - [11/03/2009 - Sky News]
Nokia Siemens and Johnson & Johnson announc... - [11/03/2009 - Finance Markets]
Job cuts at Nokia Siemens and Johnson & Joh... - [11/03/2009 - Times Online]
1

Related Stories

First Reported 11/03/2009 - Updated 11/04/2009 - 11 Documents (in Corporate Deals)
Nokia Siemens Networks - Click to view image in its original context
Nokia Siemens Networks
Nokia Siemens Networks To Lay Off Up To 5,700
Nokia Siemens Networks said Tuesday it will lay off up to 5,700 workers globally as part of a move to cut annual costs by euro500 million ($740 million). The mobile network equipment maker -- a joint venture between Finland's Nokia Corp. and Siemens ... [NewsFactor Network - 11/04/2009]
First Reported 11/03/2009 - Updated 11/04/2009 - 7 Documents (in Internet & IT)
Nortel Networks Corporation - Click to view 360-page
Nortel Networks Corporation
Nokia Siemens: Hot for Nortel's MEN?
On the day that Nokia Siemens Networks announced it was hunting for acquisitions, news emerged that the Finnish-German vendor is mulling a bid for Nortel Networks Ltd. 's Metro Ethernet Networks (MEN) business, according to this Bloomberg report. (See ... [Light Reading - 11/04/2009]
First Reported 11/04/2009 - Updated 11/05/2009 - 17 Documents (in Market News)
Microsoft Corporation - Click to view image in its original context
Microsoft Corporation
Are the Microsoft layoffs over now?
Mary Jo Foley: When Microsoft announced in January that the company was cutting 5,000 jobs , it wasn’t clear how many waves it would take to realize that count. It looks like the cuts aren’t done yet, based on an initial report of November 4 layoffs by ... [ActiveWin.com - 11/05/2009]
First Reported 11/09/2009 - Updated 11/09/2009 - 6 Documents (in Internet & IT)
Orascom Telecom - Click to view 360-page
Orascom Telecom
leo plans aggressive expansion in Namibia
Mobile operator leo, a subsidiary of the Orascom Telecom company Telecel Globe Limited, is upgrading its mobile services to exploit the huge potential for growth in Namibia.The company has selected Nokia Siemens Networks to expand its pre-paid capability ... [IT-Online - 11/09/2009]
First Reported 11/09/2009 - Updated 11/10/2009 - 18 Documents (in Internet & IT)
Nokia Corporation - Click to view image in its original context
Nokia Corporation
Shocks Await Nokia And iPhone Users
The Finnish phone giant is recalling 14 million Chinese-made phone chargers that might give an electric shock - British users are saved by our eccentric electrical socket standardNokia has announced a product recall for 14 million phone chargers, made ... [Eweek Europe - 11/10/2009]
First Reported 11/02/2009 - Updated 11/03/2009 - 20 Documents (in Politics)
Barack Obama - Click to view image in its original context
Barack Obama
Job losses to continue for some more time: Obama
Washington: US President Barack Obama on Tuesday said his administration has been successful in “pulling the economy back from brink” but sounded a cautious tone on unemployment, saying he expects job losses to continue for some more time.“We have pulled ... [Livemint.com - 11/03/2009]
First Reported 11/10/2009 - Updated 11/11/2009 - 20 Documents (in Internet & IT)
Apple Inc - Click to view image in its original context
Apple Inc
Apple Beats Nokia In Phone Profits
When it comes to mobile phones, you don’t mess with Nokia, right? Well, it appears Apple’s iPhone is certainly powerful, as latest reports show that Apple overtook Nokia as the handset company with the highest total operating profit in September. Considering ... [UberGizmo - 11/11/2009]
First Reported 11/09/2009 - Updated 11/10/2009 - 10 Documents (in Market News)
Sprint Announces Job Reduction Plans
Mobile phone carrier Sprint Nextel announced on Monday that it planned on operating a series of internal and external labor cost reductions. According to the company, the move includes the layoff of a number of approximately 2,000 - 2,500 employees in ... [Softpedia - 11/10/2009]
First Reported 11/04/2009 - Updated 11/05/2009 - 7 Documents (in Politics)
Microsoft Completes Layoffs, Cutting 800 Jobs
Chief Executive Officer of Microsoft Corporation Steve Ballmer looks on during a news conference Oct. 7, 2009 in Germany. Ballmer talked about the upcoming launch of the new Windows 7 computer operating system. The software giant announced that it was ... [Epoch Times - 11/05/2009]
First Reported 11/09/2009 - Updated 11/09/2009 - 8 Documents (in Politics)
Pace of job losses set to slow
Categories: Industry CIPD surveyed more than 700 employers, covering all sectors of the economy, for the latest edition of its Labour Market Outlook (LMO). Firms confirmed they will not be cutting jobs as quickly as before.However, the report also suggests ... [IFAonline.co.uk - 11/09/2009]
First Reported 11/04/2009 - Updated 11/05/2009 - 10 Documents (in Politics)
U.S. services sector grows, job losses slow
USA-ECONOMY/ (WRAPUP 3):WRAPUP 3- * U.S. service sector grows, but slower than forecast* U.S. private sector job losses lowest since July 2008* U.S. mortgage applications rise for first week in four* Fed holds interest rate steady at zero to 0.25 per ... [Forbes.com - 11/05/2009]
First Reported 11/06/2009 - Updated 11/07/2009 - 22 Documents (in Politics)
10 percent jobless rate adds to pressure on Obama
The jump in US unemployment above 10 percent for the first time since 1983 will pressure President Barack Obama to find additional stimulus to keep a fragile economic recovery on track, analysts say.The weaker-than-expected Labor Department report Friday ... [The Age - 11/07/2009]
In Focus
Network

Blogs

sort by: Date | Relevance
Nokia Siemens eyeing cost cuts, layoffs [CNET News.com - 11/03/2009]
Damaged by lower sales, huge operating losses, and a falling market share, Nokia Siemens Networks is pinning its hopes on a major reorganization.The network equipment ...
Nokia Siemens Announces Ambitious Employee Sack... [All Things Digital - 11/03/2009]
They’re swinging the ax over at Nokia Siemens again. The mobile network equipment maker said today that it plans to reduce its 64,000-strong workforce by up to nine ...
Nokia Siemens Announces Ambitious Employee Sack... [All Things Digital - 11/03/2009]
They’re swinging the ax over at Nokia Siemens again. The mobile network equipment maker said today that it plans to reduce its 64,000-strong workforce by up to nine ...
Nokia Siemens eyeing cost cuts, layoffs [CNET News.com - 11/03/2009]
Network equipment maker announces major reorganization, with cost cuts and layoffs in plan to slash operating expenses by 500 million euros by end of 2011. ...
Nokia Siemens Announces Ambitious Employee Sack... [All Things Digital - 11/03/2009]
They’re swinging the axe over at Nokia Siemens, again. The mobile network equipment maker said today that it plans to reduce its 64000-strong workforce by up to ...
1 2 3 4 5 6 7 8 9 10 ...

Audio/Video

sort by: Date | Relevance
Job hopes [Reuters Video: Business - 11/04/2009]
Labor Secretary Says Job Losses Are Slowing [Associated Press - YouTube - 11/06/2009]
Obama Warns of Future Job Losses [ABC News Video: Politics - 11/02/2009]
BA staff angry at job cuts as Christmas strike ... [ITN News - YouTube - 11/02/2009]
Business Update: Job hopes [Reuters - YouTube - 11/04/2009]
1 2 3 4

  •  
  •  
  •