Ericsson

Sweden's Ericsson will pay a $206 million fine and plead guilty after violating a 2019 deal with U.S. prosecutors that required the telecoms firm to properly disclose information on its activities in Iraq, China and Djibouti.The plea…

ORLANDO, Florida: Kurt Kitayama let an All-Star cast of contenders back into the tournament with a triple bogey, only to beat them all with a clutch birdie and the best lag putt of his life to win the Arnold Palmer Invitational on Sunday.…

Swedish telecom equipment maker Ericssonhas been a partner to India’s telecom industry for long and sees great potential when it comes to 5G adoption in the country. The company has already increased investments in India to deploy…

Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said.While technology companies such as Microsoft, Meta and Alphabet have laid off…

Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by news agency Reuters said. The job cutsat Ericsson are the largest layoffs to hit the telecom…

STOCKHOLM: Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. While technology companies such as Microsoft, Meta and Alphabet have…

Last Updated: February 25, 2023, 08:52 ISTEricsson provides equipment for high-speed 5G wireless networks.Swedish telecom equipment maker Ericsson said Friday that it's cutting 8% of its global workforce as it looks to reduce costs, the…

Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said.While technology companies such as Microsoft, Meta and Alphabet have laid off…

Telecom equipment maker Ericsson says it will slash 8,500 jobs worldwide, part of a cost-cutting programme as financial headwinds push operators to rein in spending.…

Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. On Monday, the company announced plans to cut about 1,400 jobs in Sweden. While…