Nokia on Friday confirmed the imminent closure of its last factory in Finland. Though there have been some bright spots for Nokia, the struggling smartphone maker reported its third consecutive billion-dollar loss in the second quarter this year, highlighting just how difficult is has become for vendors to thrive in a market dominated by just two companies.
As part of Nokia’s continuing efforts to cut costs, the company on Friday told Yle that its last Finnish factory in Salo, Finland will close this fall. 780 workers will lose their jobs as a result, finding themselves among the 10,000 employees Nokia will lay off by the end of 2013.
2025 marked a turning point in how technology actively shapes entire ecosystems rather than just…
As companies move from experimenting with AI to embedding it across core business operations, the…
Artificial intelligence is quietly reshaping one of the most human elements of the startup ecosystem:…
The Tech Panda takes a look at the efforts at skilling, upskilling, and reskilling in…
As India’s gaming and esports ecosystem is going to enter 2026, the industry is on…
The digital transformation of Indian enterprises is mainly powered by cloud adoption. All sorts of…
