Ericsson

STOCKHOLM: Telecom equipment maker Ericssonwill 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…

As part of its cost-cutting strategy, telecom equipment manufacturer Ericsson will layoff 8,500 workers globally, according to a memo written to staff members and seen by Reuters news agency. "The way headcount reductions will be managed…

<!-- -->It is done in a bid to render the company "more efficient".Stockholm: Telecom equipment maker Ericsson said Friday it would slash 8,500 jobs worldwide, part of a cost-cutting programme as financial headwinds push operators to…

Swedish multinational company Ericsson has decided to trim 1,400 jobs in Sweden with larger headcount loss in other countries. Not too long ago, big tech companies were hiring at an alarming rate during the pandemic, expecting greater…

Telecom gear maker Ericsson plans to cut about 1,400 jobs in Sweden as part of a broader plan to reduce costs globally, the firm said on Monday.The company had earlier announced plans to cut costs by 9 billion crowns ($880 million) by the…

Ericsson has shared a new edition of its Mobility Report. This new edition is named the Business Reviewedition. Ericsson’s latest report addresses the monetisation opportunities related to 5G. The report also highlights a positive revenue…

"With our fourth quarter result we are on track to deliver on our long-term EBITA target of 15-18% by 2024. We remain fully committed to our strategic ambitions and have full confidence in the long term. During the quarter, we made…

The latest annual report from Ericsson ConsumerLab, called "Life in a Climate-Impacted Future," found that 99% of over 15,000 global early technology adopters expect to be proactively using the internet and connectivity-based solutions by…

From connecting people with 5G services to lowering the cost of operations, the country's revitalised telecom sector is witnessing the bloom of reforms, and is set to attract more than Rs 1.5 lakh crore investments to build up networks in…

Ericsson on Monday said it would scale up its production capacity and operations in Pune to meet the needs of 5G network deployments in India. The production ramp-up would expand operations with high-technology production and would also…