Nokia (NOK) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nokia (NOK)

NOK 6.480

-0.2%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Nils Mork-Ulnes who started this subject	1/5/2001 3:16:14 PM
From: foundation	Read Replies (2) of 34857

"...nokia is trying to become a software/R&D house..." Hmmmm... the concept sounds familiar .... ---------- Tero Kuittinen About Nokia freeze 1/05/01 3:09 PM ET We had the "hiring freeze" rumor for Nokia in September. There have been some restrictions on hiring in place at least since 1998 or so as far as I can tell. The CEO has publicly stated that no company can remain nimble above a certain size -I think it was 50 000 employees. Nokia has been actively keeping the lid on hiring by outsourcing everything possible. So it's very hard to separate this "strategic freeze" from something that may be associated with current economic factors. Is there a freeze? Yes - for a couple of years by now. nokia is trying to become a software/R&D house by shifting manufacturing to specialized contractors. Is that freeze company-wide? I don't think so; I know certain divisions are hiring right now.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next