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EU has proposed €2.6m to help laid-off Nokia employees


European Commission (EU) has proposed to release 2.6 million euros to help ex-Nokia employees laid-off due to restructuring in Nokia Networks. The grant will come from European Globalisation Adjustment Fund (EFG). Nokia Networks slashed some 821 jobs blaming global competition. This fund will be used in re-skilling and start-up grants for

Nokia makes changes in its organization and Group Leadership Team

Nokia has today announced some changes in organization and Group Leadership. In organizational changes, Nokia's current Mobile Networks business group has been separated into two distinct, but closely linked, organizations: one focused on products and solutions, called Mobile Networks, and the other on services, called Global Services. Apart from this, the

Nokia updates its IMPACT IoT Platform to make IoT services deployment easy

Nokia has updated its IMPACT IoT Platform to enable service providers, enterprises and government agencies to easily deploy IoT services. This update brings new features to IMPACT platform including smart parking, smart lighting, Video Analytic and transportation/automotive. Read the full Press Release below. 31 January 2017 Espoo, Finland - Nokia today announced

Nokia & UAE collaborate for safe & sustainable drone operations in the country

Nokia's Public Safety solutions business has registered a major win. Nokia has entered into collaboration with United Arab Emirates General Civil Aviation Authority (GCAA) to enable safe & sustainable Drone operations in the country. The project will make UAE the first country to allow UAVs for commercial use. Salient Points: Nokia

Nokia’s outlook for 2017: Targets superior returns through growth, foray into consumer markets

Nokia has outlined its vision and strategic priorities and has also set key financial targets at the company's Capital Markets Day event in Barcelona. As per CEO Suri, Nokia is now bigger, stronger and more agile, bolstered especially by the acquisition of Alcatel-Lucent. "Nokia is extremely well-positioned to win in its primary