Nokia Layoffs Plan.. Major Workforce Cut Ahead !

Nokia is planning a major workforce reduction as part of its global restructuring strategy. Reports suggest that nearly 20 percent of its total employees may be laid off, affecting around 14,000 people worldwide. In India, where the company has about 17,000 employees, the impact is expected to be significant. The decision comes due to falling demand for 5G equipment and efforts to cut costs.

The company’s performance in India has also declined, with net sales dropping by 15 percent in the fourth quarter of 2025. Leadership changes and internal restructuring have contributed to this move. Meanwhile, several global technology companies have already reduced their workforce, indicating a broader slowdown in the sector.