Source: Tech – South China Morning PostFinnish telecoms equipment giant Nokia plans to cut most of its workforce in mainland China and close sites in stages by year end, marking a sweeping retreat after more than four decades as it loses ground to domestic rivals, according to sources familiar with the situation.
One Shanghai-based source said teams in both Nokia’s mobile networks and network infrastructure businesses in mainland China were set to undergo lay-offs in batches, with most of the cuts expected to be completed by the end…Read More