
Ericsson has announced plans to cut 1,550 jobs in its home country Sweden. Aimed at reducing costs, the job cuts will cover nearly all its sites in Sweden and all areas, including sales, general and administration, research and development, supply and service delivery. In absolute numbers, the majority of the reductions are in Ericsson's Networks unit.
At the end of September, Ericsson employed 17,768 people in Sweden. The largest cut will come in Stockholm, where 1,000 of the 10,800 jobs will go. Other planned redundancies include Boras (40 positions), Gothenburg - Lindholmen and Molndal (approx 200), Karlskrona (50), Kumla (106), Linkoping (120), Lulea (10), Lund (15) and Malmo (13). Ericsson did not say how much the restructuring is expected to cost.