0
Wireless

Ericsson confirms 3,000 jobs to go in Sweden

Tuesday 4 October 2016 | 09:25 CET | News
Ericsson has confirmed plans to cut around 3,000 jobs in Sweden and end its last production activities in its home country. The company said the changes are part of its wider restructuring programme, which requires lower costs, an increased focus on R&D and a shift from hardware to software products and more flexible production. The workforce reduction will affect 1,000 positions in production, 800 in R&D and 1,200 in other operations in Sweden. Ericsson said it intends to make "significant reductions" at the production sites Boras and Kumla, and the staff reductions will be met through a

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Countries: Sweden / World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Ericsson sells Swedish field services arm to Transtema

Published 11 Jul 2018 12:34 CET | Sweden
Ericsson said it has agreed to sell Ericsson Local Services (LSS) to the Transtema Group. LSS supplies field service operations ...

Ericsson could downsize foreign workforce by 25,000 - report

Published 17 Aug 2017 13:02 CET | World
Ericsson's plan to cut its costs further could affect approximately 25,000 jobs, according to Sweden newspaper Svenska ...

Ericsson cuts deeper after Q2 loss, lowers market forecast

Published 18 Jul 2017 08:47 CET | World
Ericsson has decided to further reduce costs beyond its restructuring plan, after reporting another disappointing quarter of ...

Ericsson cuts dividend after Q4 loss on restructuring costs

Published 26 Jan 2017 08:20 CET | World
Ericsson reported a net loss of SEK 1.6 billion for the fourth quarter compared to a profit of SEK 7.0 billion a year earlier, ...

Ericsson sees higher FY restructuring costs

Published 08 Dec 2016 08:56 CET | World
Ericsson announced that its restructuring programme will cost more than expected this year as it speeds up the cost cutting in ...

German IT and telecom workforce grows 3% in Q3

Published 07 Dec 2016 15:05 CET | Germany
The number of employees in the German IT and telecommunications sector increased again in the third quarter of 2016, according to ...

Ericsson sheds 460 jobs in Boras, 360 in Kumla

Published 29 Nov 2016 14:18 CET | Sweden
Ericsson is ending production in Boras with the loss of 460 jobs, according to a report on Swedish Radio's website. Some other ...

Ericsson joins Stockholm smart home research project

Published 18 Nov 2016 18:29 CET | Sweden
Ericsson said it is working with on a smart home trial project in Stockholm with ABB, Electrolux, Ellevio, Fortum, the city ...

Telia's Damm tells Ericsson to focus on product development

Published 10 Nov 2016 12:14 CET | World
Telia Company's head of innovation, Rickard Damm, has published an open letter on LinkedIn, voicing his concerns about the state ...

Ericsson schrapt 3.000 banen in Zweden

Published 04 Oct 2016 10:37 CET | Sweden
Ericsson heeft bevestigd dat het in Zweden 3.000 banen gaat schrappen. Ook sluit het netwerkbedrijf zijn productiefaciliteiten in ...

Ericsson to shut last manufacturing sites in Sweden - report

Published 22 Sep 2016 16:18 CET | Sweden
Ericsson is planning to shut down all its production in Sweden, as part of accelerated restructuring plans aimed at lowering ...

Ericsson CEO Vestberg steps down with immediate effect

Published 25 Jul 2016 08:22 CET | World
Hans Vestberg has stepped down as CEO of Ericsson with immediate effect, following reports he was under pressure from ...

Ericsson sales fall 11% in Q2, sees weak H2

Published 19 Jul 2016 08:37 CET | World
Ericsson reported a further slowdown in sales in the second quarter, with revenues falling 11 percent year-on-year to SEK 54.1 ...

Ericsson steps up cost-cutting as Q1 sales slow

Published 21 Apr 2016 08:25 CET | World
Ericsson announced plans to step up its cost-cutting efforts after report first-quarter revenues fell 2 percent year-on-year to ...