Economy Politics Country 2026-01-15T13:11:51+00:00

Ericsson to cut 1,600 jobs in Sweden

Swedish telecom giant Ericsson announced plans to cut 1,600 jobs in Sweden as part of a restructuring effort. The move aims to boost operational efficiency while safeguarding core technology investments.


Ericsson to cut 1,600 jobs in Sweden

Swedish telecommunications company Ericsson announced on Thursday that it plans to cut around 1,600 jobs in Sweden as part of a restructuring plan aimed at «improving its operational efficiency». The company stated in a press release that «the proposed job cuts are part of a global project to improve cost structure while maintaining key investments for Ericsson's technological leadership». The group, which has 90,000 employees worldwide, including 13,000 in Sweden, indicated that it has started negotiations with labor unions. In last October, the group announced an increase...