Ericsson layoffs: Biggest telecom industry layoffs: Ericsson to cut 8500 jobs worldwide, CEO memo to staff | – Times of India
Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by news agency Reuters said. The job cuts at Ericsson are the largest layoffs to hit the telecom industry this year so far. The company is seeking cost reductions at … Read more