Finnish telecoms giant Nokia is to axe between 9,000 and 14,000 jobs by the end of 2026 to cut costs. From a report: The announcement was made as the company reported a 20% drop in sales between July and September. The company blamed slowing demand for 5G equipment in markets such as North America. It currently has 86,000 employees around the world, and has axed thousands of jobs since 2015. Nokia wants to cut costs by between $845m and $1.27bn by 2026, it said.

Its customers have been cutting spending amid high inflation and interest rates, it said. Advances in cloud computing and AI will need “significant investments in networks that have vastly improved capabilities,” said chief executive Pekka Lundmark. “However, given the uncertain timing of the market recovery, we are now taking decisive action,” he said. It said it wanted to “act quickly” by cutting costs by $422m in 2024, and $317m in 2025.

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Source: Slashdot – Nokia To Axe Up To 14,000 Jobs To Cut Costs

Google plans to begin assembling its Pixel smartphone lineup in India, a company executive said, becoming the latest tech giant to bet on the South Asian market for devices manufacturing. From a report: The company intends to start the local manufacturing with the current lineup — both the Pixel 8 and Pixel 8 Pro — in India and expects to ship the India-made batch starting next year, Rick Osterloh, Senior VP of Devices and Services at Google, shared at the company’s annual India event Thursday. India is a key overseas market for Google, which identifies the world’s most populous nation as its largest for many of its services including Android, Google Search, YouTube by user count. Thursday’s announcement follows Google, which has committed to invest over $10 billion in country over the the next few years, recently partnering with HP to manufacture Chromebook laptops in India.

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Source: Slashdot – Google To Manufacture Pixel Smartphones in India

AMD’s powerhouse Threadripper chips are back for desktop PCs. Despite declaring the end of consumer Threadripper chips last generation, AMD announced three new Ryzen Threadripper 7000-series chips on Thursday, with up to 64 cores and 128 threads — and the option of installing a “Pro”-class Threadripper 700 WX series for a massive 96 cores and 192 threads, too. PCWorld: Take a deep breath, though. The underlying message is the same as when AMD released the Threadripper 3970X back in 2019: these chips are for those who live and breathe video editing and content creation, and are optimized for such. Nevertheless, they almost certainly represent the most powerful CPU you can buy on a desktop, for whatever purpose.

The key differences between the older workstation-class Threadripper 5000 series and these new 7000-class processors are simple: AMD has brought forward its Zen 4 architecture into Threadripper alongside a higher core count, faster boost frequencies, and a generational leap ahead to PCI Express 5.0. Consumers will need new motherboards, though, as the new “TRX50” consumer Threadripper platform uses the new AMD TRX50 HEDT (high-end desktop) chipset and sTR5 socket. And did we mention they consume (gulp) 350W of power? In some ways, though, the new Threadripper 7980X, 7970X, and 7960X consumer Threadripper offerings are familiar. They stick with AMD’s tried-and-true 64-core configuration, the same as the Threadripper 5000 series, moving down to 24 cores. The 12- and 16-core configurations have been trimmed off from the prior generation.

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Source: Slashdot – AMD’s Monstrous Threadripper 7000 CPUs Aim For Desktop PC Dominance