Ericsson, the major Swedish telecommunications equipment maker, will lay off more than 8.5 thousand jobs to reduce the company’s costs. In this respect informs Reuters cites an official message from the company.
Ericsson will cut 8,500 jobs worldwide as part of its cost-cutting plan. This is 8% of the entire state,” he said.
According to the agency, as of December 31, 2022, the company employed 105,529 people.
February 17 Apple Insider Portal knowledgeableApple has long been on the sidelines of the wave of mass layoffs that swept through the biggest IT giants in Silicon Valley, but the brand still hasn’t been able to avoid the cuts. It has been learned that the company from Cupertino has started to reduce freelancers.
Prior to that, eBay, the world’s largest online auction and online shopping platform, announced plans to lay off 500 of its employees worldwide. This is about 4% of the company’s staff. eBay has submitted a relevant report to the U.S. Securities and Exchange Commission. All affected employees will receive severance and bonuses.