Ad
Ad
Ad
Ad
Ad
Ad
Electronics Production | June 27, 2005

Ericsson to shed 130 jobs

Ericsson will restructure its Power Module and Telecom Equipment businesses in Kalmar, Sweden. 130 out of 230 employees will be removed.
The Kalmar unit will change focus to development and industrialisation of new products, while the production will be transferred to China. The restructuring program will be completed in 2007. Ericsson expects to save some of its fixed costs and secure its competitiveness through the restructuring program.

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Ad
Ad
Load more news
September 25 2017 3:40 PM V8.7.2-2