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Financial

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Recent Financial stories

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Nokia Lowers Outlook and Cuts Back

Citing strong competitive pressure in smartphones, Nokia lowered its outlook for mobile device sales in Q2 and announced a number of organizational changes including…

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Nokia Lowers Outlook and Cuts Back

Citing strong competitive pressure in smartphones, Nokia lowered its outlook for mobile device sales in Q2 and announced a number of organizational changes including…

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Alvarion Announces Downsizing

Alvarion will be streamlining its operations and implementing certain cost reduction initiatives intended to help achieve profitability. Plans call for a global wage reduction…

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Alvarion Announces Downsizing

Alvarion will be streamlining its operations and implementing certain cost reduction initiatives intended to help achieve profitability. Plans call for a global wage reduction…

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DragonWave Cuts Back in Ottawa and Israel

Following its recently-completed acquisition of Nokia Siemens Networks’ microwave transport business, DragonWave said it will eliminate 68 positions from the company’s workforce in Ottawa…