Nokia: 14,000 jobs cut

Nokia announced cutting between 9,000 and 14,000 jobs by end of 2026 in response to market slowdown, with investments shifting to AI and automation technologies. The connection to AI is moderate — while the company is investing in AI capabilities, the layoffs were attributed to broader restructuring alongside technology adoption. Of the 14,000 total positions affected, our methodology estimates that approximately 5,600 roles (40%) are attributable to AI-driven changes. This is part of a broader pattern in Telecommunications where companies are restructuring operations around AI capabilities while reducing headcount in functions susceptible to automation.