Ericsson guts Italian network operations with 130 jobs lost
Genoa office loses entire Business Area Networks unit in major R&D blow
Genoa office loses entire Business Area Networks unit in major R&D blow
Hammarwall will replace Ericsson's new CEO Per Narvinger in the role
Tech giant's moves follow recent MWC partnership with Ericsson
As CEO says, further job cuts will come in the future
Says the move will enable the company to remain competitive
It's part of a wider organization restructure
Wants to create operational efficiencies
The RAN-focused investment will look at 5G and 6G opportunities
Swedish media reports have suggested CEO Börje Ekholm could be heading for exit
Per Narvinger will replace Jejdling from next month
Blames challenging mobile networks market
Jobs are set to be lost later this year
Expected to create and upskill hundreds of jobs in the process
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
400 Russian-based employees will be let go by the vendor