EMCC European Monitoring Centre on Change

Ericsson

Company/Organisation:
Ericsson

Geographic Location

Country: Sweden

Company

Sector: Manufacturing
Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
Group: Ericsson

Employment Effects

Announcement Date: 03-09-2003
Planned Job Reductions min: 1700
Planned Job Reductions max: 1700
Type of Restructuring: Internal restructuring
Direct Dismissals: 1700

Additional Information

Ericsson will cut 1700 jobs in Sweden. The region of Stockholm will be the most affected by this decision, which has been made in the frame of the downsizing plan being implemented now by Ericsson. As set in the first-term report, Ericsson aims at reducing its staff to 47000 units.