Nokia is set to reduce its costs by potentially eliminating up to 14,000 jobs through workforce cuts.

Nokia Corporation has unveiled a bold strategy to enhance its financial stability by implementing significant workforce reductions. The company intends to trim down its employee count, with 14,000 job cuts in the pipeline. These measures are geared towards streamlining operations and achieving cost reduction goals. Nokia is poised to let go of 14,000 workers as part of its restructuring efforts.