Nokia after the purge: It's so unfair
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What, we fire thousands and the shares go down?
Analysis Last week Nokia did exactly what analysts have been begging it to do for years - it took an axe to the company's bureaucracy and purged the leadership. The latest 10,000 redundancies leave the company with its smallest workforce since 1998. Nokia's reward was a further 18 per cent fall in its share price. Thanks, markets.…
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