Nokia India

Telecom
India1 layoff round tracked
3,400

Total Jobs Cut

March 2026

Most Recent

3,400

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

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

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