Simply sign up to the European companies myFT Digest -- delivered directly to your inbox. Hans Vestberg, Ericsson’s incoming chief executive, on Tuesday signalled his determination to bear down ...

Ericsson, as previously outlined, expects a challenging mobile networks market in 2024, with further volume contraction as customers remain cautious. In line with managing lower volumes, Ericsson has ...

As of Q3 2025, Ericsson employed 12,967 staff in Sweden, which means this proposed headcount reduction amounts to more than 12% of employees there. In a brief statement, the company announced it has ...

This week, telecoms giant Ericsson has announced it is preparing to cut around 1,600 jobs in its home market of Sweden, citing the need to remain competitive. The mobile network equipment maker ...

Ericsson is to cut 3,000 out of its 16,000 Swedish workforce, as well as make cost savings that will shed 900 consultants in its home market. The cuts are split between 1,000 in production, ...