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Tag: ericsson
Ericsson issues Q3 profit warning
2016-10-12 02:00:00| Total Telecom industry news
Revenue, operating income plunge on weaker-than-expected network equipment sales.
Tags: issues
profit
warning
ericsson
Ericsson confirms 3,000 jobs to go in Sweden
2016-10-04 09:25:00| Telecompaper Headlines
(Telecompaper) Ericsson has confirmed plans to cut around 3,000 jobs in Sweden and end its last production activities in its home country. The company said the changes are part of its wider restructuring programme, which requires lower costs, an increased focus on R&D and a shift from hardware to software products and more flexible production. The workforce reduction will affect 1,000 positions in production, 800 in R&D and 1,200 in other operations in Sweden. Ericsson said it intends to make "significant reductions" at the production sites Boras and Kumla, and the staff reductions will be met through a combination of voluntary and forced reductions as well as other alternatives such as outsourcing.
Tags: jobs
sweden
ericsson
confirms
Ericsson confirms 3,000 job cuts in Sweden
2016-10-04 02:00:00| Total Telecom industry news
Kit maker to make 'significant reductions' at Bors, Kumla plants; 900 external consultants to go.
Tags: job
sweden
ericsson
cuts
Ericsson moves HR role back to Sweden
2016-09-30 11:19:00| Telecompaper Headlines
(Telecompaper) Ericsson announced that it will move the position as chief HR officer to Sweden and that Bina Chaurasia, based in California therefore will resign from her role as SVP and chief HR officer, effective 15 November. Maj-Britt Arfert will temporarily act as chief HR officer while the search for a successor is underway. The role was based in California since 2014. The position will be moved to Stockholm to be close to the CEO and the majority of the executive leadership team due to the heavy transformation work currently needed in Ericsson, the company said. Newspaper Svenska Dagbladet said in its web edition that the move comes some time after it had reported bonuses running into millions of kronor as well as working difficulties.
Novus selects Ericsson Mediaroom for IPTV in Vancouver
2016-09-27 16:30:30| Digital TV News
Ericsson (NASDAQ:ERIC) has been selected by Novus Entertainment to deploy its end-to-end IPTV service. Novus will offer IP-based TV services, powered by Ericsson Mediaroom, to selected IPTV ready buildings in the greater Vancouver area.
Tags: ericsson
vancouver
selects
iptv
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