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Ericsson India fires 22 execs
Ericsson's Indian arm has fired 22 executives and will likely transfer another 100 to sister organizations.
A top executive at Ericsson told The Economic Times in India that transferred executives would likely move to Ericsson India Global Services, Ericsson Supply Site Jaipur, R&D centers and the regional technical centers.
The changes come after Ericsson almost doubled its India workforce last year to 12,000 and began conducting a major competence evaluation of its workforce.
An Ericsson spokesman told the Times that there would be no further lay offs in the evaluation project.