Published 1 month ago

Ericsson will cut 1,200 jobs in Sweden

Ericsson, a Swedish telecoms equipment company, is reducing 8.6% of its workforce in Sweden, cutting 1,200 jobs.
The company anticipates a tough mobile networks market in 2024, with decreasing volumes due to customer caution.

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Reuters

Headline Unavailable

1 month ago·United Kingdom

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Hindustan Times

Ericsson cuts 1,200 jobs in Sweden to cope with lower sales

Ericsson AB also plans to cut costs separately by reducing facilities and the use of consultants and will streamline processes.

1 month ago·New Delhi, India

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The Star Kuala Lumpur

Ericsson to lay off 1,200 staff in Sweden

STOCKHOLM, March 25 (Xinhua) -- Ericsson is set to lay off around 1,200 employees in Sweden to cut costs, the telecommunications company said on Monday. Read full story

1 month ago·Malaysia

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CNBC

Ericsson will cut 1,200 jobs in Sweden

Ericsson announced on Monday that it will lay off around 1,200 employees in Sweden as the telecom company faces slowed demand for its 5G equipment.

1 month ago·United States

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Globo

Ericsson to lay off 1,200 employees in Sweden to try to reduce costs

The company also plans to cut costs by eliminating facilities and consultants, and also states that it is negotiating with unions about the cuts, which represent about 8.6% of the workforce

1 month ago·Brazil

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RTÉ

Ericsson cuts 1,200 jobs in Sweden in challenging market

Swedish telecoms equipment giant Ericsson said today it was cutting 1,200 staff in Sweden, or 8.6% of its Swedish workforce, as it faces a "challenging" market for mobile networks.

1 month ago·Ireland

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