Nokia is set to layoff thousands of employees globally over the time reducing it workforce by 20%, report declared. The company is likely to reduce its global workforce of around 74,000 employees by 20%, translating to more than 14,000 roles, the job cuts may impact Nokia India operations as well which employees over 17,000 employees, as reported by Moneycontrol. The layoffs come as part of a major global restructuring plan.
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