Electronics Production | November 28, 2006
Ericsson to lay off 400
Telecom equipment maker Ericsson AB will cut up to 400 administrative and sales jobs in Stockholm, Sweden.
Ericsson said it expects between 300 and 400 workers to accept a voluntary redundancy offer that includes either a severance package or a job with staffing company Manpower Inc. as a consultant, Ericsson spokeswoman Ase Lindskog said. Ericsson, the world's largest maker of mobile phone networks, employs more than 56,000 people globally, with over 20,000 workers in Sweden.