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Nokia to axe up to 14,000 jobs to cut costs

bbc.co.uk

111–120 of 137 posts

Re: Nokia to axe up to 14,000 jobs to cut costs

#111
post #95

Earlier quoted context omitted.

> Funny because our public services and healthcare are the same dysfunctional as in US, only in different ways. The same, or different? There's various levels of dysfunction depending on the country, but outcomes are better and there is zero risk of life crippling debt. Anyone not a multi-millionaire who could afford the best private care would take that deal any day of the week.

Waiting times in months in context of cancer, pregnancy, and other critical health issues. Distributing the public services through nepotist barter, even basic services like a stupid consultation. Doesn't matter if one dies with or without some debt on top of it.

Not in my Eu country. Where do you get your info and where specifically are you referring to? I can choose to wait for an appointment or i can pay. Waiting involves non-life changing issues so the wait is based on severity. My last referral was 'within 7 days', and i got seen (fairly serious). Either, someone got bumped or there's enough flex in the system to handle surprises. My last stay in hospital [oct of 21] my costs were about €40 - for 10 days, inclusive of everything.

Re: Nokia to axe up to 14,000 jobs to cut costs

#112

Earlier this year, Nokia changes iconic logo to signal strategy shift: https://www.thestar.com.my/tech/tech-news/2023/02/26/nokia-c...

Obligatory whenever a company changes logo for a "strategy shift": https://www.youtube.com/watch?v=6KbRA2RjhgQ

How about company that changes it's name for strategy shift?

Re: Nokia to axe up to 14,000 jobs to cut costs

#113
post #41

I can't be the only one that's surprised that Nokia still has 86000 employees. It makes me wonder what they all do.

4G/5G and PON(technology used for providing "Fiber To The Home") - these are really big markets as you can imagine. But everybody is cutting investments right now in fear of recession.

Thereby..

Re: Nokia to axe up to 14,000 jobs to cut costs

#114
post #78

Earlier quoted context omitted.

We used to tell on the internal shows for products to be announced, that Linux based devices like the N700 that the biggest missing feature was a radio antena, however the feedback was always that they didn't want to step into Symbian business unit. Back on those days UNIX versus Symbian culture didn't get much along, when the board brough Elop, and what was essencially a UNIX shop working across HP-UX, Solaris, Red-…

The only other choice was Android. I was in a team close to the decision. The roadmap (optimistic) shown to the board where we could have a product line based on Meego covering mid-range S60 to something close to the iPhone was three years away.

Interesting, although I would say that Symbian Belle did look quite good, and QT/PIPS was going into the right direction as well, but that memo killed the remaining goodwill of the developer community that cared enough for the transition.

And the release of N9 was mostly due to ongoing contracts, which were going to be quite costly by not releasing it at all.

Bummer, but it is as it is.

Re: Nokia to axe up to 14,000 jobs to cut costs

#115

A year before the first iPhone was released, I told Nokia they needed to take their N700 Internet Tablet, add voice calling and text messaging, and offer it in many screen sizes like 3", 4", 5", 6", and 7". If they had followed my advice instead of laughing at me they would still be the largest cell phone maker on planet Earth.

They did a LOT wrong, including thinking their 'customer' were the phone carriers, betting that Nokia understood those 'customers' better, and betting that Apple wouldn't be able to make any meaningful inroads without the carriers.

Apple mostly went around the carriers initially and for the first time consumers started buying phones without a carrier contract in meaningful numbers.

Nokia were proven wrong, hubris got the better of them.

Re: Nokia to axe up to 14,000 jobs to cut costs

#117
post #102

Earlier quoted context omitted.

Source? Waiting times in months for pregnancy makes little sense since: * many pregnancy related things have specific timelines that should be followed * pretty much all European countries have negative natural growth, meaning that there are fewer and fewer babies being born. It's highly unlikely related specialists are being overburdened.

Ain't got no time for discussing the obvious. Low fertility rates are a result, not like anyone is doing anything reasonable to address it. Doctors? Why bother when they can charge EUR 2k for "birth experience" in private clinic. Politicians? At this stage they only care about the real estate they hoarded.

So no source, just vibes? Gotcha

Re: Nokia to axe up to 14,000 jobs to cut costs

#118
post #115

A year before the first iPhone was released, I told Nokia they needed to take their N700 Internet Tablet, add voice calling and text messaging, and offer it in many screen sizes like 3", 4", 5", 6", and 7". If they had followed my advice instead of laughing at me they would still be the largest cell phone maker on planet Earth.

They did a LOT wrong, including thinking their 'customer' were the phone carriers, betting that Nokia understood those 'customers' better, and betting that Apple wouldn't be able to make any meaningful inroads without the carriers. Apple mostly went around the carriers initially and for the first time consumers started buying phones without a carrier contract in meaningful numbers. Nokia were proven wrong, hubris got…

> Apple mostly went around the carriers initially

The first iPhone was only available with a contract, they literally didn't go around the carriers, at least in the USA (AT&T) and Germany (T-Mobile).

Re: Nokia to axe up to 14,000 jobs to cut costs

#119

Is this like the delayed echo of the US tech redundancy wave (Europe always operates with a phase difference - maybe its the time it takes for management consultancy powerpoints to cross the Atlantic) or is it something more specific?

Not really, Nokia isn't really at the start startup-y end of the tech field like that. It's way more "esoteric backbone hardware for the world" these days. Closer to General Electric than Google.

My wild ass guess from living here is this is somehow coming from the larger Finnish economy; Finland is only now starting to really feel the pinch of inflation after the combination of COVID-19, which it weathered fine for a time, combined with the war in Ukraine, which is affecting food prices all over Europe and also (understandably) closed off trade relations temporarily with Russia.

Re: Nokia to axe up to 14,000 jobs to cut costs

#120
post #95

Earlier quoted context omitted.

Asking in Europe anything higher than 60% of what levels.fyi claims for any publicly traded company guarantees not receiving an offer. Funny because our public services and healthcare are the same dysfunctional as in US, only in different ways.

> Funny because our public services and healthcare are the same dysfunctional as in US, only in different ways. The same, or different? There's various levels of dysfunction depending on the country, but outcomes are better and there is zero risk of life crippling debt. Anyone not a multi-millionaire who could afford the best private care would take that deal any day of the week.

> outcomes are better

This tells us very little about healthcare quality because of differences in choices made by americans and europeans. Americans are much fatter and more reckless. Other than smoking Americans partake in life shortening activities more often.

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