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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. 

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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.

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ABB Partners with Ericsson to Optimize Cloud Data Center Management

2015-03-09 11:31:11| Industrial Newsroom - All News for Today

Integrated automation platform will enable cloud operators to monitor, control and automate energy management, costs and workloads in data centers ZURICH, Switzerland ABB, the leading power and automation technology group, has signed a strategic alliance with Ericsson, a global leader in mobile...

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Neustar Drops as FCC Recommends Ericsson Win Number Contract

2015-03-05 01:07:56| Appliances - Topix.net

The Federal Communications Commission should award the contract to Ericsson AB's Telcordia unit, according to a recommendation by the FCC's Wireline Competition Bureau that was posted to the agency's website on Wednesday. A final decision will be made by the five-member commission at a date to be determined.

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China Mobile And Ericsson Have Successfully Completed LTE-Advanced TDD Trial In The 3.5 GHz Band In China

2015-03-03 06:30:07| rfglobalnet News Articles

China Mobile and Ericsson have successfully used the 3.4-3.6 GHz (3.5 GHz) frequency band for testing data speeds, mobility and TDD carrier aggregation.

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