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.
Sources:
03-09-2003Dagens Nyheter
19-11-2003Dagens Nyheter