Nokia’s Prospective Job Reductions Amidst Restructuring
Nokia is reportedly poised to implement significant workforce reductions over the coming months. As cited by Money Control, the telecommunications giant is contemplating a cut of approximately 20% from its global pool of roughly 74,000 personnel, which equates to more than 14,000 positions.
This initiative is expected to extend its ramifications to operations within India, where more than 17,000 employees are engaged.
These planned layoffs form part of an expansive global restructuring strategy, emerging in a climate where numerous technology firms are curtailing their workforces in response to dwindling demand and stringent cost constraints.
Nokia’s Indian division has, notably, experienced a downturn in performance, intensifying the need for organizational recalibration.
Nokia’s Restructuring Initiatives in India
According to Moneycontrol, preparations for job reductions in India are already underway as part of Nokia’s overarching restructuring strategy. Concurrently, the company is enacting leadership transitions within the region.
Samar Mittal has been designated as the new Country Business Leader for India, while Vibha Mehra is scheduled to assume the role of Country Manager effective April 1, 2026. These transformations follow the exit of Tarun Chhabra, the previous head of operations in India.
The restructuring is anticipated to influence various teams, notably affecting global and common operations. The merger of Cloud and Network Services with Mobile Networks in 2023 may have precipitated redundancies, warranting a reevaluation of positions.
Financial Challenges for Nokia in India
Nokia’s financial performance within India has been declining in recent quarters. In the fourth quarter of 2025, the company reported a 15% year-over-year dip in net sales, amounting to 393 million euros, a stark contrast to 463 million euros logged in the same quarter the previous year.
Global Workforce Trends
On a global scale, Nokia’s workforce has diminished from about 103,000 employees in 2018 to approximately 74,100 presently. Projections indicate potential job losses in select European territories as well.
This move aligns with a broader trend accentuated within the technology sector, where enterprises such as Amazon, Microsoft, and Google have announced layoffs in recent months.
Source link: Timesofindia.indiatimes.com.
