Ericsson plans to shed 1,600 jobs in Sweden
Telecom equipment giant Ericsson announced it will cut 1,600 jobs in Sweden amid a slowdown in 5G spending. This cost-cutting drive reflects how declining carrier investments are impacting telecom jobs. As Ericsson trims its workforce (after already reducing headcount from ~100k to 90k globally in three years), the remaining employees may need to adapt to […]