Ericsson layoffs (NASDAQ:ERIC) are the talk of Wall Street today after one of the world’s largest 5G network equipment providers announced it will eliminate 1,200 jobs in Sweden, citing lower ...

Ericsson’s workforce reduction continues the ongoing trend of tech industry layoffs, with several companies, including Google, Microsoft, Snapchat and eBay, all conducting significant layoffs.

Ericsson is conducting its largest layoff round in years after confirming it will lay off approximately 8 percent of its global workforce. Swedish tech giant Ericsson is laying off 8,500 employees ...

The move to reduce headcount is not its first. Ericsson in February of 2023 unveiled plans to lay off 8,500 employees as part of a move to cut costs by $860 million. The move to rein in costs come ...

Ericsson has decided to consolidate its regional structure, organizing the market areas in a more efficient way. Ericsson today also announces that Per Narvinger, who has headed Cloud Software and ...

Ericsson has announced changes to its executive team and to its global operating structure. The company says it has “decided to consolidate its regional structure, organising the market areas in a ...

The tech giant's layoffs come following Sony's take over of the Sony Ericsson joint venture earlier this year. Sony Mobile's layoffs will reduce the company's global workforce by 15 per cent.