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General

Ericsson Italy to lay off 600 more workers – report

Wednesday 4 October 2017 | 15:03 CET | News
Ericsson has informed Italian trade unions that it plans to lay off 600 more workers in addition to the 300-plus already announced, reports Cor.com. The news comes after members of the SLC-Cgil, Fistel-Cisl and Uilcom-UIL trade unions held a nationwide strike in June to protest against a redundancy procedure involving 315 Ericsson workers from its telecom unit and 39 from IT Solutions & Services. In a statement, the Uilcom union said Ericsson is blaming the redundancies on the dumping policy of Chinese rivals ZTE and Huawei but "the truth is that Ericsson has no real long-term business plan

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Categories: General
Companies: Huawei / ZTE
Countries: Italy
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Comments

"Ericsson has no real long-term business plan of its own..." is basically is true not just for Ericsson Italy, but for the whole company; Globally!
Barry Jones @ 5/10/2017 - 06:52


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