Thread regarding Qualcomm Inc. layoffs

Nokia is laying off 15000

Nokia is laying off 15000 after the merger with Alcatel-Lucent. And majority of the layoffs are going to be in USA R&D from 4G LTE Alcatel-Lucent (ALU) product development since Nokia wants to use their product in ATT/VzW/Sprint. However, ALU's product is superior then Nokia's product. But because Nokia bought ALU, it wants to use it's product to show the USA customers who's the boss.

I hope ATT/VzW/Sprint demand they keep the ALU product because going to a less superior product doesn't make sense.

In order to buy Alcatel-Lucent, Nokia made a deal with the French government, that the French layoffs would be minimum (-411 jobs but +500 college grads) so now the USA employees are the ones to get hit by the layoffs.

ATT/VzW/Sprint are the USA company now providing Nokia with a steady stream of revenue and USA employees are the ones hardest hit by the layoffs. And the funny thing is that no USA manager/HR person is willing to tell the USA employee what percentage, which facility, when majority of the layoffs will occur.

Just check out the webpage: www.thelayoff.com/nokia -- not many employees are posting.

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| 1075 views | | 1 reply (May 1, 2016) | Reply
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