Finnish finish : Nokia's slump in business impacts Finland's economy /

Nokia, the Finnish telecom giant, has incurred huge losses for several years. In October 2023, the company announced that it would reduce costs by cutting 14,000 jobs, changes deemed necessary to stay afloat in the current business market. This case analyzes why Nokia lost business in several parts...

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Bibliographic Details
Main Author:	Mehta, Shreshthi (Author)
Format:	eBook
Language:	English
Published:	London : SAGE Publications: SAGE Business Cases Originals, 2024.
Series:	SAGE Business cases.
Subjects:	Nokia (Firm) > Case studies. Corporations > Finance > Case studies. Layoff systems > Finland > Case studies. Finland > Economic conditions > 21st century > Case studies. Finlande > Conditions économiques > 21e siècle > Études de cas. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Nokia, the Finnish telecom giant, has incurred huge losses for several years. In October 2023, the company announced that it would reduce costs by cutting 14,000 jobs, changes deemed necessary to stay afloat in the current business market. This case analyzes why Nokia lost business in several parts of the world and asks students to discuss the downsides of layoffs to the Finnish economy. Students should also discuss Nokia's prospects for the future and the role that the government of Finland can play.
Physical Description:	1 online resource : illustrations.
ISBN:	9781071948354 1071948350