Skip to main content

Biggest telecom industry layoffs: Ericsson to cut 8500 jobs worldwide, CEO memo to staff

Ericsson layoffs: Ericsson is planning to lay off 8,500 employees globally in order to reduce costs. This will be the largest layoffs to hit the telecom industry this year so far. The company is seeking cost reductions at a run-rate of 9 billion Swedish kronor, or about $860 million, by the end of 2023.

from Gadgets News – Latest Technology News, Mobile News & Updates https://ift.tt/sENIoKA
https://ift.tt/g5clGjd
Labels:

Comments

Post a Comment

Popular posts from this blog

Wordle 347 today’s answers: Hints, clues and answers for June 1, 2022

Wordle stands on top for puzzle lovers who like to take up new word challenges everyday. What are your resolutions for this month? If you are baffled and don’t know what resolutions to make this month, then you can add solving puzzles on the top of your list. Talking of puzzles, have you guessed the answer for today’s Wordle 347? Don’t worry if you have missed it. If you are unable to find the answers for today’s Wordle 347, we are here to help you with some hints and take you directly to the answer. from Gadgets News – Latest Technology News, Mobile News & Updates https://ift.tt/fmhN7pJ https://ift.tt/lyFYTr7
Post a Comment
Read more

Why Apple rejected DuckDuckGo, and kept Google search on iPhones

Apple held discussions with DuckDuckGo to potentially replace Google as the default search engine for private browsing mode on Safari, according to unsealed court transcripts. DuckDuckGo CEO Gabriel Weinberg stated that they had multiple meetings with Apple executives to discuss the possibility. However, Apple executive John Giannandrea testified that to his knowledge, Apple had not considered the switch. Giannandrea expressed concerns about DuckDuckGo's reliance on Bing for search information, which potentially compromises user privacy. He suggested that more due diligence would be necessary before any decision was made. from Gadgets News – Latest Technology News, Mobile News & Updates https://ift.tt/ckjtT7B https://ift.tt/Q4Kn0J9
Post a Comment
Read more

IIM Vizag records 100% placements, highest package at Rs 23.5 lakh

Despite the enormous challenges posed by the Covid-19 pandemic, the final placement season of the Indian Institute of Management-Visakhapatnam (IIM-Vizag) has been successfully completed with 100 percent placements for the sixth consecutive year. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/31eV6J6 https://ift.tt/3HrqCDf
Post a Comment
Read more