Ericsson says to cut staff in Sweden by 946
STOCKHOLM |
STOCKHOLM Dec 8 (Reuters) - Sweden's Ericsson (ERICb.ST) said on Tuesday it would give notice to nearly 1,000 staff in Sweden as it looks to pare costs to compete with rivals in a market squeezed by the global downturn.
The world's biggest telecoms network gear maker said it would close its operations in the Swedish town of Gavle, north of the capital Stockholm, and cut 90 staff from its Boras facility.
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