Ericsson Stock News

It will impact roughly 8% of Ericsson's staff of 105,529 worldwide.

Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, according to a memo sent to employees and seen by Reuters.

Russia's Putin gives speech following Biden's visit to Ukraine. Ericsson said to axe 1,400 jobs in Sweden. Meta to launch monthly subscription service for Instagram, Facebook.

Ericsson (NASDAQ: ERIC ) layoffs are coming to the company's Sweden offices as it looks to reduce its headcount. The big news here is the company cutting 1,400 jobs as it looks to reduce operating cos

The cuts are part of an effort the company announced late last year to reduce costs by 9 billion Swedish kronor, equivalent to about $861 million, by the end of 2023.

The cuts are part of an effort the company announced late last year to reduce costs by the end of 2023 through streamlining processes, closing facilities and using fewer consultants.

Telecom gear maker Ericsson plans to cut around 1,400 jobs in Sweden as part of a broader plan that could also result in thousands of job losses in other countries, particularly in the Americas, two s

Upgrades According to Raymond James, the prior rating for Kemper Corp (NYSE:KMPR) was changed from Outperform to Strong Buy. In the fourth quarter, Kemper showed an EPS of $0.41, compared to $2.05 fro

Despite??generating higher revenues year over year, Ericsson (ERIC) registers low fourth-quarter earnings due to uncertainties and macroeconomic headwinds.

Investors need to pay close attention to Ericsson (ERIC) stock based on the movements in the options market lately.

Despite??generating higher revenues year over year, Ericsson (ERIC) registers low fourth-quarter earnings due to uncertainties and macroeconomic headwinds.

ERIC earnings call for the period ending December 31, 2022.

Gainers Helbiz, Inc. (NASDAQ: HLBZ) shares jumped 133.1% to $0.2870. Helbiz recently announced discontinuation of operations in non-profitable markets. Genius Group Limited (NYSE: GNS) shares jumpe

Here's a round-up of stories from around the globe and from various media outlets. Benzinga Google To Fire 12K Employees Worldwide; Extends Support Packages Alphabet Inc.'s (NASDAQ: GOOG) (NASDAQ: G

Our call of the day from TheoTrade's Professor Jeff Bierman warns that the next group of stocks to come under pressure will be consumer staples.