Company/Organisation:
Ericsson
Geographic Location
Country:
World
Company
Sector:
Information / communication
Telecommunications
61 - Telecommunications
Number Employed:
74000
Group:
Ericsson
Employment Effects
Announcement Date:
20-01-2009
Planned Job Reductions min:
5000
Planned Job Reductions max:
5000
Type of Restructuring:
Internal restructuring
Employment Effect Start:
01-02-2009
Foreseen End Date:
31-12-2009
Additional Information
Ericsson AB, a world-leading provider of telecommunications equipment, is to cut 5,000 jobs worldwide, of which about 1,000 in Sweden, primarily in Stockholm. The Swedish firm said in a statement that "Cost reductions will be achieved through reduction of the number of consultants and other temporary staff, consolidation of R&D sites and layoffs".
Ericsson AB is one of the world-leading providers of telecommunication and data communication systems. It has around 74,000 worldwide.
Sources:
22-01-2009Il Sole 24 Ore
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