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1615273306 Nokia has laid off thousands of employees net losses in 1615273306 Nokia has laid off thousands of employees net losses in

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Nokia has laid off thousands of employees, net losses in the last 3 years exceed 3 billion euros

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Nokia does not disclose the number of employees in its quarterly financial statements. Last year, this concealed a € 500 million cut in Nokia’s overall labor costs. Recently it became known that in 2019 the company reduced its staff by 5,000 people, and last year laid off more than 6,000 people.

All in two years, Nokia laid off 11,044 employees, while in 2020 the company employed 92,039 people. Last year, the number of employees in China dropped 12% to 13,749.

In recent years, as we have adjusted our strategy in line with business goals and lines of business, the number of our employees has fluctuated.

Nokia

Two years ago, Nokia’s operating loss was 59 million euros, and last year the company reached a profit of 885 million euros. At the same time, net losses over the past 3 years exceed 3 billion euros.

The company also cut research and development costs. Investments in 2018 amounted to almost 4.8 billion euros, in 2019 the company spent about 4.5 billion euros, and last year – by another 450 million euros less.

Shareholders fear that the company could lose its competitiveness.

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Phones

No simplified version of Nothing Phone (1): Carl Pei denied the preparation of such a model

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No simplified version of Nothing Phone 1 Carl Pei denied

The founder of Nothing, Carl Pei, commented on the social network rumors about the release of the budget version of Nothing Phone (1). According to them, the new version will lose the Glyph LED backlight.

No simplified version of Nothing Phone (1): Carl Pei denied the preparation of such a model

Pei stated that no simplified Nothing Phone (1) without LEDs is planned. He briefly called it “fake news”.

No simplified version of Nothing Phone (1): Carl Pei denied the preparation of such a model

Previously, the Nothing Phone (1) smartphone was tested in the AnTuTu benchmark, where it unexpectedly showed the best result in its class. At the same time, the smartphone endured the drop test worse. It is noteworthy that the screen can withstand drops in the presence of a film, but the back panel suffers much more.

The price of the smartphone is from 469 euros for the basic memory configuration.

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Electric Cars

Ford has set a new record for the U.S. electric vehicle market. The company is second in the market after Tesla

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Ford has set a new record for the US electric

In the U.S. battery electric vehicle (BEV) market, Ford is number two, behind only Tesla.

Ford has set a new record for the U.S. electric vehicle market.  The company is second in the market after Tesla

In July this year, the total sales of Ford and Lincoln cars in the domestic market increased by 36.6% in annual terms and amounted to 163,942 cars. At the same time, Ford sales increased by 35.5% to 156,975 units, while Lincoln sales increased by 64.5% to 6,968 units.

Domestic sales of all-electric Ford vehicles hit a new record. In July of this year, the company sold 7,669 such vehicles, which is 169% more than a year earlier. In the structure of Ford sales in the US car market, such cars accounted for 4.9%, which is also a new record for the automaker.

The company notes that the growth rate of sales of Ford electric vehicles is ahead of the dynamics of the entire market, and in terms of the number of cars sold, the automaker is in second place, second only to Tesla.

Ford’s EV share is growing fast, the company said in a statement. — In July, Ford took a nearly 11 percent share in this segment of the car market, which was the highest figure in the history of the company.“.

In total, in July this year, Ford sold 2,173 Ford F-150 Lightning electric pickups, 4,970 Ford Mustang Mach-E vehicles, and 526 Ford E-Transit vans.

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Phones

The Samsung Galaxy Z Flip 4 clamshell smartphone was shown on a high-quality render in three days of announcement

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The Samsung Galaxy Z Flip 4 clamshell smartphone was shown

Insider Roland Quandt has posted a new image of the Samsung Galaxy Z Flip 4 on Twitter. The image appears to be official, but the phone will not be released until three days later.

The Samsung Galaxy Z Flip 4 clamshell smartphone was shown on a high-quality render in three days of announcement

Insiders have repeatedly noted that the Galaxy Z Flip 4 in terms of design is not much different from the current generation model. They don’t expect a revolution in terms of technical parameters either – the main innovation will be the Qualcomm Snapdragon 8 Plus Gen 1 SoC, but the camera sensors, apparently, will remain 12-megapixel. However, it is expected that the battery capacity will increase to 3700 mAh.

Roland Quandt is a well-known informant. Previously, he completely declassified the GoPro 9 Black and GoPro 10 Black action cameras before their announcement, and also named their exact cost.

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