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Ericsson plans to cut 1,600 jobs in Sweden in cost-cutting push

Shona Ghosh
Shona Ghosh • 2 min read
Ericsson plans to cut 1,600 jobs in Sweden in cost-cutting push
The cuts will impact its Swedish workforce and the company has entered negotiations with unions, Ericsson said in a statement on Thursday.
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(Jan 15): Telecommunications equipment maker Ericsson AB plans to cut about 1,600 jobs in its home country of Sweden as part of a broader plan to reduce operational costs.

The company has notified Sweden’s labour agency and entered negotiations with unions, Ericsson said in a statement on Thursday.

Further “efficiency measures” will take place across the group but won’t be announced separately, a spokesperson said.

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