Reuters
2023.02.20 09:20
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Ericsson to cut 1,400 jobs in Sweden, sources say

Telecom gear maker Ericsson (ERICb.ST) plans to cut around 1,400 jobs in Sweden as part of a broader plan that could also result in thousands of job losses in other countries, particularly in the Americas, two sources familiar with the matter said. Ericsson did not immediately respond to requests for comment.

STOCKHOLM, Feb 20 (Reuters) - Telecom gear maker Ericsson (ERICb.ST) plans to cut around 1,400 jobs in Sweden as part of a broader plan that could also result in thousands of job losses in other countries, particularly in the Americas, two sources familiar with the matter said.

Ericsson did not immediately respond to requests for comment.