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Wireless

Ericsson could cut quarter of Italian workforce - report

Tuesday 20 December 2016 | 15:50 CET | News
Ericsson may be forced to cut some 1,000 jobs in Italy, equivalent to a quarter of its local workforce, after missing out on the EUR 1 billion contract to build and upgrade the mobile network of the newly-created joint venture between 3 Italia and Wind, according to unnamed sources cited by Bloomberg. The Swedish company is said to have missed out on the contract to manage what will be the country's largest mobile network, with Hutchison's 3 Italia and VimpelCom's Wind close to awarding the deal to China's ZTE.

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Categories: Mobile & Wireless
Companies: 3 Italia / Vimpelcom / Wind / ZTE
Countries: Italy
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