<p>➀ Nokia is laying off nearly 2,000 employees in Greater China, accounting for about 20% of its workforce in the region, and plans to cut another 350 jobs in Europe to reduce costs.</p><p>➁ The company's sales in China have been declining in recent years as domestic communication manufacturers have grown, leading to a reduction in contract numbers with major Chinese operators.</p><p>➂ Nokia's CEO Pekka Lundmark said the company would not cut costs at the expense of research and development output and was pleased with the speed of cost reduction.</p>
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