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Ericsson wraps up Swedish job cuts

Swedish vendor Ericsson has completed a series of redundancies in its home market which were first announced in November last year. 1,399 positions were cut at nine of Ericsson’s Swedish sites, with the majority in the Networks part of the business. The cuts resulted in 919 employees losing their jobs.

Ericsson said that the cuts would hit its Q1 results for 2013 to the tune of SEK1.5bn ($231m).

Not that Ericsson is getting smaller. CEO Hans Vestberg told Telecoms.com at MWC this year that the firm has in-sourced 20,000 employees over the last five years through managed services deals with operators that almost always involve the transfer of staff. Almost one fifth of Ericsson’s 110,000 staff have joined the company through such deals, he said, describing this absorption as “a very important part of our transformation.”

The specific number of redundancies per site were as follows: Borås (24 employees), Gothenburg – Lindholmen and Mölndal (100), Karlskrona (30), Kumla (89), Linköping (78), Luleå (7), Lund (14), Malmö (8), Stockholm (569).

 


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