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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.
Tags: jobs
cut
sweden
ericsson
Older workers 'boost jobs for young'
2015-03-11 01:45:31| BBC News | Business | UK Edition
When people in their 50s stay on in the workforce, it creates more, not fewer, jobs for younger people - according to a government-backed report.
Tags: jobs
young
older
workers
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.
The We:eX Brand, Like Jerry Seinfeld And Steve Jobs, Uses Observation Of Human Behavior To Succeed
2015-03-09 21:52:42| Food - Topix.net
I'm Chairman, North America of Landor Associates, a brand consulting and design firm that specializes in creating agile brands that thrive in today's disruptive, changing market. I work with some of the most powerful brands in the world, and oversee Landor's new business efforts in North America.
Loblaw opening 50 new stores, adding 5,000 jobs
2015-03-09 13:43:04| Grocery - Topix.net
Canada's largest supermarket chain has big plans for expansion this year, as it increases its footprint in the competitive grocery market. Loblaw Companies Ltd. says it will build 50 new stores and renovate or improve more than 100 existing stores in 2015.
Tags: jobs
stores
opening
adding
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