Ericsson cut 1000 employees

According to the Executive Director of Ericsson, Carl-Henric Svanberg, the company has come a difficult hour. In the fight due and bad weather and reorganization of production, the company announced on Tuesday it cut production at two Swedish companies and dismissal of staff. In the town of Gävle (Gävle) production will be phased out completely, and in Boras (Borås) will be dismissed about a tenth of the staff. This step is being taken to improve production efficiency. According to Mr. Svanberg, downsizing due to the decline in demand for products.

In the city of Gavle company Ericsson producing base stations for third generation networks. This production will be completely closed, and the company laid off 856 employees. Boras will be reduced in 90 out of 1,037 employees. Thus in Borus reduction will be made only among the engineering staff and management, and reductions in Gavle number of engineers and managers will be 545 people.

In early 2009, the company Ericsson announced a reduction of 5000 employees, but this decline has already been held. Apparently, a new series of layoffs due to the negative outcome of the third quarter, according to which the fall in profits has already reached 74%.

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Ericsson cut 1000 employees [10-12-2009 16:43]
Author: Konstantin Ivanov Source: The Swedish Wire

According to the Executive Director of Ericsson, Carl-Henric Svanberg, the company has come a difficult hour. In the fight due and bad weather and reorganization of production, the company announced on Tuesday it cut production at two Swedish companies and dismissal of staff. In the town of Gävle (Gävle) production will be phased out completely, and in Boras (Borås) will be dismissed about a tenth of the staff. This step is being taken to improve production efficiency. According to Mr. Svanberg, downsizing due to the decline in demand for products.



In the city of Gavle company Ericsson producing base stations for third generation networks. This production will be completely closed, and the company laid off 856 employees. Boras will be reduced in 90 out of 1,037 employees. Thus in Borus reduction will be made only among the engineering staff and management, and reductions in Gavle number of engineers and managers will be 545 people.

In early 2009, the company Ericsson announced a reduction of 5000 employees, but this decline has already been held. Apparently, a new series of layoffs due to the negative outcome of the third quarter, according to which the fall in profits has already reached 74%.