Job cuts in Nokia India
Nokia India has indicated that the prevailing uncertainty in the IT dispute may force the company to cut jobs in the Chennai location. The dispute has resulted in poor order flow, affecting profitability. If the dispute is not settled then the company may have to use a contract manufacturing facility for a year.
Nokia India has indicated that the prevailing uncertainty in the IT dispute may force the company to cut jobs in the Chennai location. The dispute has resulted in poor order flow, affecting profitability. If the dispute is not settled then the company may have to use a contract manufacturing facility for a year.
Read the Hindu Business Line news report here.