Ericsson Cuts 2,200 Positions in Sweden, Mostly R&D
Ericsson confirmed plans to cut 2,200 positions in Sweden, mainly in R&D and Supply, as part of its on-going cost and efficiency program announced last November.
The program targets savings of approximately SEK 9 b. with full effect during 2017.
Ericsson said it strategy is to excel in core areas: Radio, Core and Transmission and Telecom Services; and to fund growth in the targeted areas: IP networks, Cloud, TV & Media, OSS & BSS and Industry & Society.
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Ericsson confirmed plans to cut 2,200 positions in Sweden, mainly in R&D and Supply, as part of its on-going cost and efficiency program announced last November.
