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General

Ericsson to shut last manufacturing sites in Sweden - report

Thursday 22 September 2016 | 16:18 CET | News
Ericsson is planning to shut down all its production in Sweden, as part of accelerated restructuring plans aimed at lowering costs. According to internal documents seen by Swedish paper Svenska Dagbladet, the Network Products division will shed almost 3,000 jobs in Sweden this year, after already letting go 1,500 last year. Its remaining production sites in Boras and Kumla will be closed, bringing to an end 140 years of manufacturing in Sweden. Ericsson employs in total around 15,000 people in Sweden, down from over 20,000 in 2010.

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Categories: General
Countries: Sweden / World
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