Unfortunately, the road forward looks uncertain for Ericsson, which cut about 9,000 employees last year. Indeed, as North American and Indian 5G equipment sales continue to fall off, companies ...

Swedish tech giant Ericsson is laying off 8,500 employees worldwide as part of an $860 million cost reduction plan, marking the largest layoff round the company has undertaken in over five years.

Ericsson has laid off 240 employees in China, part of a restructuring in the country that will affect one of its largest research hubs globally. Ericsson said the positions would be cut in line ...

Network and telecom technology developer Ericsson unveiled plans to cut 1,200 employees from its Sweden operations in the wake of a drop in sales and profits. This follows last year’s much ...

Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) (the "Company") held its Annual General Meeting ("AGM") today on March 25, 2025 in ...

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 and LG have both announced they will ... Businesses with a significant presence in China have already banned or limited employees from traveling to the country as precaution, with some ...

The priority is to focus on the safety and well-being of Ericsson employees in Russia and they will be placed on paid leave," the statement said. The cost of suspension of the company’s ...

Ericsson and Ooredoo Qatar hosted a Technology Day, providing Ooredoo Qatar’s employees with an in-depth look at the latest ...