Feeds

More job cuts expected at Ericsson

Anyone left to um, answer the phone?

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

The industry bush telegraph is predicting more job cuts at Ericsson ahead of its Q1 earning figures on Friday. The FT pins the figure at 6,000, while Yahoo! cites Swedish news agency Tidningarnas Telegrambyra which puts the toll at 30,000. That improbably high figure represents a third of Ericsson's workforce - the company employed 105,129 at the end of last year.

And it may, we suspect, include some double counting: Ericsson has dispensed with two thirds of its consumer products workforce - half moving to its systems division, the rest to outsourcing manufacturer Flextronics.

Ericsson's "Back to Profits" programme is scheduled to put the company back into the black by the second half of this year.

And to prove it never rains but pours, Ericsson temporarily withdrew the first production batch of its R520 GPRS Bluetooth phone last week after teething trouble. ®

Related Story

Nokia and Ericsson to axe staff

New hybrid storage solutions

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
Forget silly privacy worries - help biometrics firms make MILLIONS
Beancounter reckons dabs-scanning tech is the next big moneypit
Microsoft's Office Delve wants work to be more like being on Facebook
Office Graph, social features for Office 365 going public
Alibaba swings a large one with STONKING IPO legal bills
Chinese e-commerce beast searches for $21bn from investors
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
EMC has nothing to say on VMware sale plan
Rumour and counter-rumour swirl around Wall Street
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.