Friday, March 9, 2012

Ericsson is reducing its staff from North America


Ericsson is cutting its workforce in North America from its total workforce of more than 14,000 people.
Ericsson profit dropped of more than 50% in 4Q profits due to slowdown in operator spending during the second half of last year.
The layoffs will be less than 10 percent of its total employees. The Kansas City Star said Ericsson would cut 130 jobs in the Kansas City area, Sprint's home state, but Ericsson said that the layoffs would not affect Ericsson's ability to operate Sprint's network.

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