Ericsson to lay off 8,500 employees, says memoOn Monday, the company, which employs more than 105,000 worldwide, announced plans to cut about 1,400 jobs in Sweden.
26 Feb, 2023, 12.27 PM IST
Telecom gear maker Ericsson to lay off 1,400 employees in SwedenThe company had earlier announced plans to cut costs by 9 billion crowns ($880 million) by the end of 2023 as demand slows in some markets,...
20 Feb, 2023, 04.48 PM IST
Pink slips for 600 as Reliance Communications trims fatIncidentally, the sackings came after RCom reported its first ever consolidated net loss of Rs 531 crore in the December quarter.
08 Apr, 2017, 12.58 AM IST
- Ericsson cuts 1,500 more jobs, profit plunges
Ericsson announced an extra 1,500 job cuts under restructuring which bit deeply into fourth-quarter net profit at the firm, the world leade...
25 Jan, 2010, 03.49 PM IST
- Ericsson says profit shrinks, to cut 6,500 jobs
Swedish telecom giant Ericsson said Tuesday its net profit fell by 92 percent in the fourth quarter due to the costs of a restructuring pla...
25 Jan, 2010, 01.11 PM IST
ST-Ericsson to lay off 600 staff worldwideST-Ericsson plans to cut around 600 jobs worldwide as part of a move.
03 Dec, 2009, 01.20 PM IST
- Sony Ericsson to close Chennai unit
Even as global economic crisis is showing signs of a recovery, mobile handset maker Sony Ericsson said it plans to close four of its centre...
20 Nov, 2009, 10.23 AM IST
- Sony Ericsson to wind up Chennai R&D centre, 3 other units globally
Even as the global economic crisis is showing signs of recovery, mobile handset maker Sony Ericsson said it plans to close four of its cent...
20 Nov, 2009, 01.40 AM IST
AOL, Sony Ericsson to cut 4500 jobs in totalCuts are part of a plan to save $300 mn at AOL and return to profitability at the earliest for Sony Ericsson.
19 Nov, 2009, 09.40 PM IST
- Sony Ericsson job cuts to affect India centre
Cell phone handset maker Sony Ericsson will move its North American headquarters from North Carolina to Atlanta and close a half-dozen site...
19 Nov, 2009, 01.01 PM IST
- Ericsson says cutting 700 jobs in Britain
Swedish telecom equipment giant Ericsson said Tuesday it would axe 700 jobs and close a key facility in Coventry, central England, by the m...
11 Nov, 2009, 12.29 AM IST
Sony Ericsson to cut 2,000 jobs after lossesSony Ericsson would cut 2,000 more jobs after it swung to loss of $384mn in 1st Q of yr.
17 Apr, 2009, 06.08 PM IST
- Sony Ericsson to cut 2,000 jobs after losses
Mobile phone maker Sony Ericsson on Friday said it would cut 2,000 more jobs after it swung to a loss of 293 million euros (384 million dol...
17 Apr, 2009, 01.03 PM IST
How Ericsson is saving for difficult daysEricsson AB, is already saving for the rainy day through workforce rationalisation and technology upgradation.
18 Feb, 2009, 01.29 PM IST
- Ericsson planning to cut costs, jobs
The telecom industry is still to feel fully the impact of the economic slowdown, but the world's leading network solutions provider, Ericss...
17 Feb, 2009, 03.04 PM IST
- Ericsson on cost-cutting drive; preparing for tough times: CEO
The world's leading network solutions provider, Ericsson AB, today said the economic slowdown has not fully reached the telecom industry.
16 Feb, 2009, 05.57 PM IST
- Mobile JV helps Ericsson post 17% rise in Q3 profit
Ericsson, the world’s largest maker of cellular networks, reported its first profit increase this year after record earnings at the mobile-...
20 Oct, 2006, 12.57 AM IST