Ericsson's (ERIC) quantum research hub is likely to provide the perfect test bed for academic challenges with requisite networking competence and facilities to conduct advanced research.
Ericsson (ERIC) will offer its industry-leading 4G and 5G Radio Access Network (RAN) technology to Virgin Media O2 to accelerate network modernization in the United Kingdom.
Ericsson, the Swedish telecom equipment producer, has agreed to plead guilty to US foreign corruption violations and pay more than $206 million over charges of bribery and falsifying records in severa
The U.S.-listed shares of Telefon AB L.M. Ericsson ERIC, +0.92% ERIC.B, +4.10% leaped 3.3% in premarket trading, after the Sweden-based communications services company disclosed that it reached an ag
Ericsson will pay over $200 million for a bribery scheme spanning multiple countries, after federal prosecutors said it violated a non-prosecution deal.
Swedish telecom company Ericsson warned Europe's industry structure is likely unsustainable, calling for consolidation across the region.
Ericsson's CEO says the company is still in the market for more acquisitions, albeit smaller ones, after splurging over $7 billion to buy networking company Cradlepoint and communication platform Vona
Swedish telecom equipment maker Telefonaktiebolaget LM Ericsson ADR (NASDAQ: ERIC) will lay off 8,500 employees globally as part of a cost-cutting measure.  Reuters reports that layoffs are predi

Ericsson to cut 8,500 jobs worldwide

04:19pm, Friday, 24'th Feb 2023
Telecom equipment maker Ericsson said Friday it would slash 8,500 jobs worldwide, part of a cost-cutting program as financial headwinds push operators to rein in spending.
Twilio, Yahoo, Disney, News Corp, Zoom, eBay, Boeing and Dell have all announced major layoffs this month.
It will impact roughly 8% of Ericsson's staff of 105,529 worldwide.

Ericsson to lay off 8,500 employees - memo

07:43am, Friday, 24'th Feb 2023
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

Ericsson to cut 1,400 Jobs as orders slow

12:25pm, Monday, 20'th Feb 2023
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.
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