Tag: Layoffs
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Mass Layoffs and Hiring Freezes in Tech: Should You Worry?
There is a bloodbath among large companies as they keep announcing new layoffs by the thousands. Surprisingly, the biggest wave to hit the labor market in 2022 came from Facebook’s parent company, Meta, which announced plans to eliminate a whooping
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Nokia cuts 170 jobs in home country
Telecom network equipment maker Nokia has completed lay-off talks in its home country Finland and will as a result cut 170 jobs, the company said on Friday. Announcing the talks in May, the company said it was preparing to cut up to 200 jobs from network operations and support functions. Nokia, which currently has 6,100…