Breaking News

ASUS Showcases ProArt GR1X, ProArt P16 & P14 Laptops, ProArt OLED Monitors, and AI-Powered Solutions for Creatives at Adobe MAX 2026 Akasa Launches Smart Black SC12 High-Airflow 120 mm PWM Fan for System Integrators and PC Builders AMD Showcases 6th Gen AMD EPYC Processors SSSTC Introduces PCIe Gen4 QLC SSDs for AI PCs and Industrial Applications Seagate Launches the FireCuda Forge

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

Search form

Ericsson To Cut 3,000 Jobs In Sweeden

Ericsson To Cut 3,000 Jobs In Sweeden

Enterprise & IT Oct 4,2016 0

Ericsson said Tuesday it will cut 3,000 jobs in Sweden and will downsize operations at several plants as part of its global plan to cut costs by 9 billion kronor ($1 billion) in 2017. Jan Frykhammar, President and CEO, Ericsson said: "Ericsson is going through a large transformation. We continue to have a strong focus on R&D, and since many years, most Ericsson employees work in software development and services, rather than hardware production. The measures are necessary to secure Ericsson's long term competitiveness as well as technology and services leadership."

Ericsson today has approximately 16,000 employees in Sweden. The proposed reduction affects approximately 3,000 positions, of which approximately 1,000 positions in production, approximately 800 in R&D and approximately 1,200 in other operations.

The proposed reductions will impact operations on the following sites in Sweden: Borås, Göteborg, Karlskrona, Kumla, Linköping and Stockholm. Ericsson intends to make significant reductions of operations in Borås and Kumla. The proposed reductions are intended to be met through a combination of voluntary and forced reductions as well as other alternatives such as outsourcing.

Ericsson will also make general cost reductions and take out external costs, primarily by reducing the number of consultants in Sweden by 900, but also through general reductions in operating expenses.

Production in telecom has changed significantly over the past decade with smaller products and a more efficient production - manufacturing time per radio unit has been reduced by more than half. Higher volatility in production volumes has increased the need for flexibility and using partners has become more important. As a consequence, Ericsson is consolidating its own production to fewer sites globally.

The cost in sales and administration will be reduced as a result of the new company structure introduced July 1, 2016, with the aim to create a more efficient and purpose built organization to meet the needs of different customer segments and more quickly seize business opportunities.

Tags: Ericsson
Previous Post
FlexEthernet To Bring New Breath To Optical Networks
Next Post
Samsung Patent Shows Smartphone That Bends Like A Wallet

Related Posts

  • Intel, Ericsson Expand Collaboration to Advance Next-Gen Optimized 5G Infrastructure

  • Singtel, Ericsson and Qualcomm Achieved 5G Upload Speed of More Than 1.6Gbps in an Enterprise Deployment

  • Ericsson, Qualcomm and Thales to Take 5G Into Space

  • Ericsson, Nokia, II-VI, Lumentum and Sumitomo Electric, have jointly produced a technical paper on Mobile Optical Pluggables

  • Verizon, Ericsson and Qualcomm First in the World to Achieve 5G Peak Speed of 5.06 Gbps

  • Ericsson Says Impact from Pandemic Was Limited in Q1

  • Orange Chooses Nokia and Ericsson for French 5G Network

  • Ericsson Agrees to Pay Over $1 Billion to Settle Corruption Probes

Latest News

ASUS Showcases ProArt GR1X, ProArt P16 & P14 Laptops, ProArt OLED Monitors, and AI-Powered Solutions for Creatives at Adobe MAX 2026
Enterprise & IT

ASUS Showcases ProArt GR1X, ProArt P16 & P14 Laptops, ProArt OLED Monitors, and AI-Powered Solutions for Creatives at Adobe MAX 2026

Akasa Launches Smart Black SC12 High-Airflow 120 mm PWM Fan for System Integrators and PC Builders
Cooling Systems

Akasa Launches Smart Black SC12 High-Airflow 120 mm PWM Fan for System Integrators and PC Builders

AMD Showcases 6th Gen AMD EPYC Processors
Enterprise & IT

AMD Showcases 6th Gen AMD EPYC Processors

SSSTC Introduces PCIe Gen4 QLC SSDs for AI PCs and Industrial Applications
Enterprise & IT

SSSTC Introduces PCIe Gen4 QLC SSDs for AI PCs and Industrial Applications

Seagate Launches the FireCuda Forge
Enterprise & IT

Seagate Launches the FireCuda Forge

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

SoundPeats Cove Pro

SoundPeats Cove Pro

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

Akaso Brave 8 Lite

Akaso Brave 8 Lite

SoundPeats C30

SoundPeats C30

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

be quiet! Dark Perk Mice

be quiet! Dark Perk Mice

XbotGo Chamaleon

XbotGo Chamaleon

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed