Nokia India

Telecom
India4 layoff rounds tracked
31,900

Total Jobs Cut

March 2026

Most Recent

14,000

Largest Single Layoff

No

AI Cited

Layoff Timeline

March 2026

3,400 jobs cut(20% of workforce)

Reason: 20% workforce cut in India as part of global restructuring under new CEO; 17,000+ India employees; revenue fell 15% YoY

November 2025

500 jobs cut(3% of workforce)

Reason: Global restructuring announcement; CEO Justin Hotard begins India cuts; 14,000 roles to be eliminated worldwide

March 2024

14,000 jobs cut

Reason: Global restructuring; up to 14,000 jobs by 2026

October 2023

14,000 jobs cut

Reason: Slowing 5G equipment demand

About Telecom Layoffs

223,490

Total industry layoffs

10%

AI-cited events

Sources

Outlook Business

20% workforce cut in India as part of global restructuring under new CEO; 17,000+ India employees; revenue fell 15% YoY

PeopleMatters

Global restructuring announcement; CEO Justin Hotard begins India cuts; 14,000 roles to be eliminated worldwide

Allwork.space

Global restructuring; up to 14,000 jobs by 2026

Computerworld

Slowing 5G equipment demand

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