Technology @lemmy.world Lee Duna @lemmy.nz 1y ago

Nokia to cut as many as 14,000 jobs as profit drops by 69%

www.marketwatch.com Nokia to cut as many as 14,000 jobs as profit drops by 69%

Nokia set plans to cut its workforce by up to 14,000 as it reported a steep drop in third-quarter profit. The telecom equipment maker said it’s looking to...

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47 comments

Only 31% profit instead of 100%? Outrageous!
- That's not how it works
  
  Lol yeah. 100% profit would mean literally no operating expenses.
  
  ^Most ^economically ^literate ^Lemmy ^user.
  
  I think he compared two years. You know…like the headline does.

47 comments