Ericsson lays off 1,400 employees in Sweden
Ericsson is cutting 1,400 jobs in Sweden. The cost-cutting strategy to reduce expenses by 9 billion crowns by 2023. Ericsson made significant cuts in 2017, laying off hundreds of employees. Ericsson, a maker of telecom equipment, revealed its intentions to cut approximately 1,400 jobs in Sweden as part of a broader cost-cutting strategy on Monday. … Read more