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Ericsson plans to cut 1,600 jobs in Sweden to boost efficiency amid falling 5G demand.
Ericsson has proposed cutting about 1,600 jobs in Sweden as part of a global effort to improve cost efficiency and strengthen competitiveness amid declining 5G spending and market challenges.
The company notified the Swedish Public Employment Service and began talks with trade unions, with the move following previous layoffs in 2023 and 2024.
The restructuring supports Ericsson’s strategy to maintain technology leadership in programmable networks and drive new revenue, while ongoing efficiency initiatives continue without separate announcements.
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Ericsson planea recortar 1.600 empleos en Suecia para aumentar la eficiencia en medio de la caída de la demanda de 5G.