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Ericsson to Cut as Many as 2,200 Swedish Jobs to Reduce Costs
2015-03-11 12:53:21| Appliances - Topix.net
Ericsson AB is planning to cut as many as 2,200 positions in Sweden as part of a cost-reduction plan to improve profitability amid slowing sales. The reductions, about 2 percent of the workforce, will mainly target research and development and supply functions, Stockholm-based Ericsson said in a statement Wednesday.
Ericsson to cut as many as 2,200 Swedish jobs to reduce costs
2015-03-11 12:27:49| Wireless - Topix.net
The reductions, about 2 per cent of the workforce, will mainly target research and development and supply functions, Stockholm-based Ericsson said in a statement Wednesday. The cuts are part of a program, announced in November, to reduce costs by 9 billion kronor over three years.
Ericsson to cut 2,200 jobs in Sweden
2015-03-11 10:34:00| Telecompaper Headlines
(Telecompaper) Ericsson announced plans to cut 2,200 jobs at its operations in Sweden, as part of its cost-savings programme announced last year. The lay-offs in Sweden will come mainly in the areas R&D and Supply. The company also plans savings in sales, general and administration, as well as reductions in external costs, for example related to the number of consultants and consolidation of its IT portfolio. As announced last November at its Capital Markets Day, the programme targets annual savings of SEK 9 billion by 2017. The cost savings will be re-invested in growth areas such as IP networks, cloud, TV and media, OSS and BSS and Industry & Society applications. Ericsson confirmed the total cost of the restructuring is estimated at SEK 3-4 billion over the period 2015-17, in addition to usual annual restructuring costs of SEK 2 billion. Further progress on the programme will be announced at its earnings reports.
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Ericsson to cut 2,200 jobs
2015-03-11 01:00:00| Total Telecom industry news
Redundancies to be made at vendor's Swedish R&D and supply operations as part of 987 million cost saving plan.
Global Database of the Top 1000 Cut and Sew Apparel Producers - Company Names, Financial Performance, and Contact Details
2015-03-11 01:00:00| Apparel & textile industry market research - from just-style.com
This company database offers valuable information on the top 1000 cut and sew apparel producers in the world proving an invaluable resource for industry executives, marketing, sales and product manage
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