Ericsson to cut 1,200 jobs in Sweden
Blames challenging mobile networks market
Blames challenging mobile networks market
Which will support overall sustainability goals at the company
Has a maturity of four-and-a-half years
37 shareholders take revenge for company's activities in Iraq
Jobs are set to be lost later this year
Relates to the $1.1 billion settlement Ericsson reached in US last year
US Court sides with the Swedish vendor
Expected to create and upskill hundreds of jobs in the process
The vendor violated a 2019 deal with the US prosecutors
An internal memo to staff confirms the plans
Becomes the latest tech firm to lay people off
Lindqvist has also been named head of market area Europe & Latin America
Continues to wind down its Russian business
The agreement will see the two companies strengthen their collaboration
The transaction is expected to close Q1 2023
The decade-long investment will research 6G's potential
400 Russian-based employees will be let go by the vendor
Ericsson says it will fight the case, despite admitting that it probably did give money to ISIS
Lawyers call on shareholders to join the suit
Ericsson stock is now "uninvestable," say analysts
Telco paid money to unknown recipients, for transport routes in Iraq to evade customs
Telco taps Ericsson for migration project
Bringing execs over from Microsoft, AWS and Digital Realty
Waste not, freeze not