[thisisit]

For people who are unaware Nokia is working on Mobile Networks (5G Base stations etc), Network Infrastructure, Cloud Networking etc.

As for this move, from what I have heard from my friends working there it has been strange ongoings in Nokia. Earlier in the year people were being let go. There were hiring and travel freeze. All the while there was a costly rebranding exercise with new logo goodies being distributed to the employees. It made absolutely no sense to celebrate a rebrand while firing people.

As the article notes, words like cloud computing and AI are being thrown around. But many feel that the management has proven itself to be rather short sighted because there has been constant shifts in strategy - changing the business structure nearly every year to the rebranding just 2 Quarters ago.