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Nokia stocks tumble by 10% on overhaul, dismal forecast

By: Rajat Agrawal |Jun 14th, 2012 at 03:26PM
Filed Under: News, Nokia

Nokia stocks are taking a beating with it falling over 10 percent in European markets at the time of filing this story. Nokia today announced it will be cutting down 10,000 more jobs by the end of 2013, overhauled its senior leadership along with some high-profile departures and painted a bleak outlook for the next two quarters. (more…)Google+