Type
Internal restructuring
Country
Sweden
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26 - Manufacture of computer, electronic and optical products

1,700 jobs
Number of planned job losses
Job loss
Announcement Date
3 September 2003
Employment effect (start)
Foreseen end date

Description

Ericsson will cut 1700 jobs in Sweden. The region of Stockholm will be the most affected by this decision, which has been made in the frame of the downsizing plan being implemented now by Ericsson. As set in the first-term report, Ericsson aims at reducing its staff to 47000 units.


Sources

  • 3 September 2003: Dagens Nyheter
  • 19 November 2003: Dagens Nyheter

Citation

Eurofound (2003), Ericsson, Internal restructuring in Sweden, factsheet number 58919, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/58919.