News > Nokia's move to quit Russian market will affect 2,000 employees
Nokia's move to quit Russian market will affect 2,000 employees
Deccan Herald | 12/04/2022 07:51 PM | Click to read full article
Nokia will pull out of the Russian market, meaning layoffs for some 2,000 staff the Finnish telecoms provider has in the country, the company said Tuesday.
The announcement comes a day after rival Ericsson decided to suspend its activities in the country indefinitely. Hundreds of mainly Western companies have announced the suspension of their activities or their departure from Russia.
