Ericsson's Workforce Reduction in Sweden Due to Mobile Markets' Decline

Monday, 25 March 2024, 12:56
Ericsson, a major Swedish telecoms company, is set to cut 1,200 jobs in Sweden as it faces challenges from a slowdown in mobile infrastructure investments. The company foresees continued sales impact in 2024 due to the ongoing market slump. This move reflects Ericsson's strategic response to align its workforce with the evolving industry trends and economic conditions, which indicate a challenging period ahead.
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Ericsson's Workforce Reduction in Sweden Due to Mobile Markets' Decline

Ericsson's Workforce Reduction in Sweden

The Swedish telecoms company, Ericsson, has announced a significant workforce reduction, planning to lay off 1,200 employees in Sweden. This decision comes as a response to the...

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