Mar 25, 2024, 3:39 PM

Mar 25, 2024, 3:39 PM

The company will cut 1,200 jobs in Sweden

Swedish provider of communications technology and services Sweden

country in Northern Europe

CNBC

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Mar 25, 2024, 3:39 PM

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Source

Ericsson will cut 1,200 jobs in Sweden

Ericsson announced on Monday that it will lay off about 1,200 employees in Sweden. The telecommunications company faces slowed demand for its 5G equipment. Ericsson will cut the jobs in Sweden as the company faces slowing demand for 5G technology. The company will also lay off 1,000 employees in the country.

CNBC

/

Mar 25, 2024, 3:39 PM

/

Source

Ericsson will cut 1,200 jobs in Sweden

Ericsson announced on Monday that it will lay off about 1,200 employees in Sweden. The telecommunications company faces slowed demand for its 5G equipment. Ericsson will cut the jobs in Sweden as the company faces slowing demand for 5G technology. The company will also lay off 1,000 employees in the country.

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