Type
Internal restructuring
Country
Sweden
Region
Location of affected unit(s)
Stockholm (450), Norrköping(120),Göteborg (40), Östersund (25), Lund (7)...
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

700 jobs
Number of planned job losses
Job loss
Announcement Date
13 February 2003
Employment effect (start)
Foreseen end date

Description

Ericsson has decided to cut 700 jobs in Sweden. This job-reduction plan, which is expected to affect 1,200 employees worldwide, is part of a broader plan aiming at reducing the number of employees from 107,000 to 47,000.


Sources

  • 13 February 2003: Aftonbladet

Citation

Eurofound (2003), Ericsson, Internal restructuring in Sweden, factsheet number 59291, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59291.